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

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

InvescoBulletShares2033 Municipal Bond ETF Price Performance

NASDAQ:BSSX traded down $0.09 on Tuesday, reaching $25.45. The stock had a trading volume of 813 shares, compared to its average volume of 17,357. InvescoBulletShares2033 Municipal Bond ETF has a 12-month low of $24.62 and a 12-month high of $27.59. The firm’s fifty day moving average is $25.95 and its two-hundred day moving average is $26.09.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On InvescoBulletShares2033 Municipal Bond ETF

Several hedge funds have recently made changes to their positions in the business. Confluence Investment Management LLC lifted its position in InvescoBulletShares2033 Municipal Bond ETF by 5.1% during the fourth quarter. Confluence Investment Management LLC now owns 11,825 shares of the company’s stock worth $305,000 after buying an additional 579 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of InvescoBulletShares2033 Municipal Bond ETF by 5.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 22,615 shares of the company’s stock worth $586,000 after acquiring an additional 1,254 shares during the period. Captrust Financial Advisors boosted its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 16.4% in the third quarter. Captrust Financial Advisors now owns 11,018 shares of the company’s stock worth $290,000 after acquiring an additional 1,556 shares during the last quarter. Hobbs Group Advisors LLC boosted its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 27.1% in the third 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 during the last quarter. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at approximately $46,000.

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.