Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Significant Decline in Short Interest

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,982 shares, a decrease of 94.7% from the September 30th total of 75,710 shares. Based on an average daily volume of 96,045 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco BulletShares 2033 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2033 Municipal Bond ETF stock traded up $0.01 during trading on Tuesday, hitting $24.80. 5,505 shares of the stock traded hands, compared to its average volume of 31,022. The firm’s fifty day moving average is $24.66 and its 200-day moving average is $25.47. Invesco BulletShares 2033 Municipal Bond ETF has a 52 week low of $23.66 and a 52 week high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were paid a $0.0718 dividend. This is an increase from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0683. This represents a $0.86 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, October 19th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC bought a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF during the 2nd quarter valued at $9,390,000. Gill Capital Partners LLC bought a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the second quarter worth $6,368,000. Envestnet Asset Management Inc. lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 396.5% in the second quarter. Envestnet Asset Management Inc. now owns 211,317 shares of the company’s stock worth $5,453,000 after purchasing an additional 168,754 shares during the last quarter. Confluence Investment Management LLC bought a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the third quarter worth $5,057,000. Finally, Precedent Wealth Partners LLC boosted its position in Invesco BulletShares 2033 Municipal Bond ETF by 19.2% during the third quarter. Precedent Wealth Partners LLC now owns 185,987 shares of the company’s stock valued at $4,478,000 after buying an additional 29,977 shares during the period.

Invesco BulletShares 2033 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.