Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Increase in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 27,672 shares, an increase of 147.1% from the August 15th total of 11,200 shares. Based on an average trading volume of 29,180 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are sold short.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.1%

Shares of NASDAQ BSMW traded down $0.04 during trading hours on Monday, reaching $24.16. The stock had a trading volume of 51,117 shares, compared to its average volume of 37,010. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.10 and a 52-week high of $25.57. The business’s fifty day moving average price is $24.74 and its two-hundred day moving average price is $24.95.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.0735 per share. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 22.8% in the second quarter. Raymond James Financial Inc. now owns 100,990 shares of the company’s stock worth $2,472,000 after purchasing an additional 18,751 shares during the last quarter. Jane Street Group LLC boosted its holdings 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 valued at $3,753,000 after acquiring an additional 82,134 shares during the last quarter. Bank of America Corp DE grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 11.9% during the 2nd quarter. Bank of America Corp DE now owns 137,312 shares of the company’s stock worth $3,361,000 after purchasing an additional 14,571 shares during the period. Osaic Holdings Inc. lifted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 23.1% in the second quarter. Osaic Holdings Inc. now owns 26,119 shares of the company’s stock valued at $639,000 after acquiring an additional 4,909 shares during the period. Finally, Equitable Holdings Inc. grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 4.7% during the third quarter. Equitable Holdings Inc. now owns 42,059 shares of the company’s stock valued at $1,050,000 after buying an additional 1,893 shares during the period.

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.