InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Up 173.4% in January

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 25,700 shares, an increase of 173.4% from the January 15th total of 9,400 shares. Based on an average trading volume of 176,300 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On InvescoBulletShares2033 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSCX. Raymond James Financial Inc. acquired a new position in InvescoBulletShares2033 Corporate Bond ETF in the 4th quarter worth approximately $65,081,000. Raymond James & Associates boosted its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 216.9% in the 3rd quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock valued at $35,157,000 after acquiring an additional 1,115,129 shares during the last quarter. LPL Financial LLC increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 10.7% in the fourth quarter. LPL Financial LLC now owns 1,045,125 shares of the company’s stock worth $21,550,000 after acquiring an additional 101,017 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock worth $15,581,000 after purchasing an additional 733,382 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 5.8% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 471,784 shares of the company’s stock worth $9,728,000 after purchasing an additional 25,906 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

BSCX stock traded down $0.09 during midday trading on Wednesday, reaching $20.59. The stock had a trading volume of 72,160 shares, compared to its average volume of 251,949. The firm has a fifty day simple moving average of $20.70 and a two-hundred day simple moving average of $21.06. InvescoBulletShares2033 Corporate Bond ETF has a 52-week low of $20.06 and a 52-week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a $0.0856 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

InvescoBulletShares2033 Corporate Bond ETF Company Profile

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.