Short Interest in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Rises By 321.7%

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 41,890 shares, a growth of 321.7% from the May 31st total of 9,934 shares. Based on an average daily volume of 14,697 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Invesco BulletShares 2034 Municipal Bond ETF in the first quarter valued at approximately $40,000. Osaic Holdings Inc. raised its position in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after purchasing an additional 720 shares during the period. IFP Advisors Inc purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the fourth quarter valued at $86,000. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at $141,000. Finally, Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% in the 4th quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock valued at $197,000 after purchasing an additional 1,331 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Invesco BulletShares 2034 Municipal Bond ETF stock traded up $0.01 during midday trading on Friday, hitting $24.62. 23,387 shares of the stock were exchanged, compared to its average volume of 26,215. The stock’s 50-day simple moving average is $24.50 and its 200 day simple moving average is $24.59. Invesco BulletShares 2034 Municipal Bond ETF has a fifty-two week low of $23.41 and a fifty-two week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.0729 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.