InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Significant Drop in Short Interest

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 12,000 shares, a drop of 44.4% from the August 15th total of 21,600 shares. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 1.1 days.

InvescoBulletShares2033 Municipal Bond ETF Trading Up 0.1 %

BSSX traded up $0.02 during trading on Friday, reaching $26.43. 3,622 shares of the company traded hands, compared to its average volume of 12,226. InvescoBulletShares2033 Municipal Bond ETF has a 12-month low of $23.92 and a 12-month high of $27.59. The firm has a fifty day simple moving average of $26.18 and a 200 day simple moving average of $26.06.

InvescoBulletShares2033 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.0736 per share. This is a positive change from InvescoBulletShares2033 Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, June 24th.

Institutional Investors Weigh In On InvescoBulletShares2033 Municipal Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at $46,000. First Command Advisory Services Inc. purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the first quarter valued at $46,000. Comerica Bank purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the first quarter valued at $78,000. Hobbs Group Advisors LLC purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at $159,000. Finally, MONECO Advisors LLC purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at $213,000.

InvescoBulletShares2033 Municipal Bond ETF Company Profile

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.