Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Down 64.3% in August

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 5,045 shares, a decrease of 64.3% from the July 30th total of 14,123 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 22,527 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. MML Investors Services LLC boosted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 5.2% during the 4th quarter. MML Investors Services LLC now owns 12,248 shares of the company’s stock valued at $301,000 after purchasing an additional 601 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after purchasing an additional 720 shares during the last quarter. Royal Bank of Canada raised its holdings 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 worth $197,000 after purchasing an additional 1,331 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter worth approximately $40,000. Finally, Moneco Advisors LLC lifted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 3.9% during the fourth quarter. Moneco Advisors LLC now owns 46,120 shares of the company’s stock valued at $1,134,000 after purchasing an additional 1,726 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Stock Down 0.2%

Shares of NASDAQ BSMY opened at $23.89 on Friday. The stock has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $24.46. Invesco BulletShares 2034 Municipal Bond ETF has a 1 year low of $23.60 and a 1 year high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0736 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 3.7%.

About Invesco BulletShares 2034 Municipal Bond ETF

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.