Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Short Interest Update

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 75,710 shares, a growth of 4,655.7% from the September 15th total of 1,592 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average trading volume of 58,021 shares, the short-interest ratio is currently 1.3 days.

Invesco BulletShares 2033 Municipal Bond ETF Stock Up 0.6%

NASDAQ BSSX traded up $0.14 during mid-day trading on Friday, hitting $24.21. The stock had a trading volume of 36,541 shares, compared to its average volume of 29,336. The firm’s 50 day moving average is $24.88 and its 200 day moving average is $25.36. Invesco BulletShares 2033 Municipal Bond ETF has a twelve month low of $23.66 and a twelve month high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.0683 dividend. This is a decrease from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0751. This represents a $0.82 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, September 21st.

Institutional Trading of Invesco BulletShares 2033 Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2033 Municipal Bond ETF by 10.3% during the 1st quarter. Royal Bank of Canada now owns 20,394 shares of the company’s stock worth $518,000 after purchasing an additional 1,902 shares during the period. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the 1st quarter valued at about $72,000. D.A. Davidson & CO. raised its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 23.5% in the 1st quarter. D.A. Davidson & CO. now owns 15,250 shares of the company’s stock valued at $388,000 after buying an additional 2,900 shares during the period. Tassel Capital Management Inc. lifted its position in Invesco BulletShares 2033 Municipal Bond ETF by 34.2% in the fourth quarter. Tassel Capital Management Inc. now owns 15,122 shares of the company’s stock valued at $391,000 after buying an additional 3,853 shares during the last quarter. Finally, Envision Financial Planning LLC lifted its position in Invesco BulletShares 2033 Municipal Bond ETF by 4.3% in the first quarter. Envision Financial Planning LLC now owns 101,913 shares of the company’s stock valued at $2,590,000 after buying an additional 4,207 shares during the last quarter.

About Invesco BulletShares 2033 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.