Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Declines By 22.2%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 13,700 shares, a decrease of 22.2% from the January 15th total of 17,600 shares. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is presently 0.4 days.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Invesco BulletShares 2031 Municipal Bond ETF stock traded up $0.04 during midday trading on Monday, hitting $21.00. The company’s stock had a trading volume of 35,925 shares, compared to its average volume of 36,638. The company has a 50-day moving average price of $20.97 and a two-hundred day moving average price of $21.11. Invesco BulletShares 2031 Municipal Bond ETF has a 1-year low of $20.69 and a 1-year high of $21.59.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a $0.0504 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the business. Avior Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 929.7% during the 4th quarter. Avior Wealth Management LLC now owns 118,554 shares of the company’s stock valued at $2,481,000 after purchasing an additional 107,041 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the fourth quarter valued at approximately $2,091,000. LPL Financial LLC lifted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 42.3% in the fourth quarter. LPL Financial LLC now owns 270,291 shares of the company’s stock valued at $5,657,000 after acquiring an additional 80,300 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at approximately $1,278,000. Finally, Lido Advisors LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 4th quarter valued at about $1,030,000.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.