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

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 7,800 shares, a drop of 70.8% from the December 15th total of 26,700 shares. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BSSX. Benjamin F. Edwards & Company Inc. acquired a new position in shares of InvescoBulletShares2033 Municipal Bond ETF during the second quarter worth about $46,000. Global Financial Private Client LLC acquired a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF during the 4th quarter valued at approximately $90,000. Hobbs Group Advisors LLC boosted its stake in shares of InvescoBulletShares2033 Municipal Bond ETF by 27.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 7,772 shares of the company’s stock worth $205,000 after acquiring an additional 1,656 shares in the last quarter. Avior Wealth Management LLC acquired a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF in the 3rd quarter worth approximately $239,000. Finally, Captrust Financial Advisors increased its stake in InvescoBulletShares2033 Municipal Bond ETF by 16.4% in the 3rd quarter. Captrust Financial Advisors now owns 11,018 shares of the company’s stock valued at $290,000 after purchasing an additional 1,556 shares in the last quarter.

InvescoBulletShares2033 Municipal Bond ETF Trading Down 0.4 %

Shares of NASDAQ:BSSX traded down $0.09 on Tuesday, hitting $25.45. 813 shares of the company’s stock were exchanged, compared to its average volume of 17,357. The firm’s 50-day moving average is $25.95 and its 200 day moving average is $26.09. InvescoBulletShares2033 Municipal Bond ETF has a 1-year low of $24.62 and a 1-year high of $27.59.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0724 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.