Short Interest in Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Declines By 44.8%

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 8,598 shares, a drop of 44.8% from the August 15th total of 15,579 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 24,741 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2033 Municipal Bond ETF Price Performance

BSSX traded down $0.04 on Tuesday, reaching $24.64. The company had a trading volume of 23,513 shares, compared to its average volume of 24,735. Invesco BulletShares 2033 Municipal Bond ETF has a 1 year low of $24.55 and a 1 year high of $26.61. The stock has a 50-day moving average price of $25.33 and a 200-day moving average price of $25.57.

Invesco BulletShares 2033 Municipal Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.0751 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new stake in Invesco BulletShares 2033 Municipal Bond ETF during the 2nd quarter worth $9,390,000. Gill Capital Partners LLC acquired a new position in Invesco BulletShares 2033 Municipal Bond ETF in the second quarter valued at $6,368,000. Bank of America Corp DE raised its holdings in shares of Invesco BulletShares 2033 Municipal Bond ETF by 47.4% in the first quarter. Bank of America Corp DE now owns 167,106 shares of the company’s stock valued at $4,248,000 after buying an additional 53,708 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 5.0% during the first quarter. Kestra Advisory Services LLC now owns 155,917 shares of the company’s stock worth $3,963,000 after buying an additional 7,441 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 7.1% during the second quarter. Sequoia Financial Advisors LLC now owns 118,147 shares of the company’s stock worth $2,965,000 after buying an additional 7,819 shares during the period.

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.