InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Large Increase in Short Interest

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 7,100 shares, an increase of 255.0% from the March 31st total of 2,000 shares. Based on an average daily trading volume, of 22,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jacobi Capital Management LLC raised its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 5.7% in the fourth quarter. Jacobi Capital Management LLC now owns 10,068 shares of the company’s stock valued at $259,000 after buying an additional 540 shares in the last quarter. Confluence Investment Management LLC grew its holdings in shares of InvescoBulletShares2033 Municipal Bond ETF by 5.1% during the 4th quarter. Confluence Investment Management LLC now owns 11,825 shares of the company’s stock worth $305,000 after purchasing an additional 579 shares in the last quarter. Principal Securities Inc. acquired a new position in InvescoBulletShares2033 Municipal Bond ETF in the fourth quarter valued at about $28,000. First Command Advisory Services Inc. lifted its position in InvescoBulletShares2033 Municipal Bond ETF by 35.1% during the fourth quarter. First Command Advisory Services Inc. now owns 4,274 shares of the company’s stock worth $110,000 after purchasing an additional 1,111 shares during the period. Finally, Asset Dedication LLC increased its holdings in InvescoBulletShares2033 Municipal Bond ETF by 238.0% in the 4th quarter. Asset Dedication LLC now owns 2,420 shares of the company’s stock valued at $62,000 after buying an additional 1,704 shares during the period.

InvescoBulletShares2033 Municipal Bond ETF Stock Up 0.2 %

BSSX stock traded up $0.04 during trading hours on Monday, hitting $24.82. 11,929 shares of the stock were exchanged, compared to its average volume of 20,762. InvescoBulletShares2033 Municipal Bond ETF has a 12 month low of $23.85 and a 12 month high of $27.27. The company has a 50-day simple moving average of $25.32 and a two-hundred day simple moving average of $25.69.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 21st were paid a $0.0694 dividend. The ex-dividend date was Monday, April 21st.

About InvescoBulletShares2033 Municipal Bond ETF

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.