Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 39,303 shares, a growth of 100.6% from the May 31st total of 19,591 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 22,314 shares, the short-interest ratio is currently 1.8 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock traded up $0.02 during trading on Tuesday, hitting $25.15. The company’s stock had a trading volume of 42,516 shares, compared to its average volume of 37,065. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $24.15 and a 52 week high of $25.57. The stock has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $25.15.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.0697 per share. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 22nd. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 128.6% during the fourth quarter. Invesco Ltd. now owns 172,080 shares of the company’s stock worth $4,321,000 after acquiring an additional 96,820 shares during the last quarter. Jane Street Group LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% in the 2nd quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock worth $3,753,000 after acquiring an additional 82,134 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter worth about $1,991,000. Hills Bank & Trust Co lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 235.1% in the 4th quarter. Hills Bank & Trust Co now owns 109,974 shares of the company’s stock valued at $2,761,000 after purchasing an additional 77,157 shares during the period. Finally, Elequin Capital LP bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter valued at about $1,796,000.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.