Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Update

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 338,935 shares, an increase of 126.3% from the August 31st total of 149,764 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 489,303 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. City Holding Co. purchased a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 2nd quarter valued at approximately $869,000. Independent Financial Group LLC purchased a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the 1st quarter worth $4,347,000. Baird Financial Group Inc. grew its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 17.4% during the second quarter. Baird Financial Group Inc. now owns 622,811 shares of the company’s stock worth $13,113,000 after purchasing an additional 92,106 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 13.0% during the first quarter. Bank of America Corp DE now owns 414,450 shares of the company’s stock worth $8,766,000 after purchasing an additional 47,689 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF in the second quarter valued at $652,000.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

NASDAQ BSCX traded up $0.02 during trading hours on Friday, hitting $20.13. 322,015 shares of the company were exchanged, compared to its average volume of 216,344. The company has a 50 day moving average of $20.65 and a two-hundred day moving average of $20.96. Invesco BulletShares 2033 Corporate Bond ETF has a 52-week low of $20.06 and a 52-week high of $21.69.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a dividend of $0.0848 per share. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.0911. This represents a $1.02 dividend on an annualized basis and a dividend yield of 5.1%.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

(Get Free Report)

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.

Featured Stories

Receive News & Ratings for Invesco BulletShares 2033 Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2033 Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.