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

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 4,100 shares, a decline of 77.7% from the October 31st total of 18,400 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On InvescoBulletShares2033 Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSSX. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at $46,000. Comerica Bank purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the 1st quarter valued at about $78,000. First Command Advisory Services Inc. boosted its stake in shares of InvescoBulletShares2033 Municipal Bond ETF by 82.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 3,163 shares of the company’s stock valued at $82,000 after buying an additional 1,428 shares during the period. Hobbs Group Advisors LLC acquired a new position in shares of InvescoBulletShares2033 Municipal Bond ETF during the second quarter worth about $159,000. Finally, MONECO Advisors LLC purchased a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF during the second quarter worth approximately $213,000.

InvescoBulletShares2033 Municipal Bond ETF Price Performance

BSSX traded up $0.04 during mid-day trading on Thursday, hitting $26.17. 7,643 shares of the stock were exchanged, compared to its average volume of 13,088. The firm’s fifty day moving average is $26.09 and its two-hundred day moving average is $26.07. InvescoBulletShares2033 Municipal Bond ETF has a 1-year low of $24.62 and a 1-year high of $27.59.

InvescoBulletShares2033 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a $0.0741 dividend. The ex-dividend date was Monday, November 18th. This is a boost from InvescoBulletShares2033 Municipal Bond ETF’s previous dividend of $0.07.

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.