Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Down 47.2% in June

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 21,415 shares, a drop of 47.2% from the May 31st total of 40,563 shares. Based on an average daily volume of 40,213 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Invesco BulletShares 2031 Municipal Bond ETF stock traded up $0.01 during trading on Thursday, hitting $20.99. The stock had a trading volume of 767 shares, compared to its average volume of 42,709. Invesco BulletShares 2031 Municipal Bond ETF has a 1 year low of $20.48 and a 1 year high of $21.53. The stock’s 50 day moving average is $20.97 and its two-hundred day moving average is $21.11.

Invesco BulletShares 2031 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0535 dividend. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 3.1%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the 4th quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock worth $201,000 after acquiring an additional 472 shares during the last quarter. Farmers National Bank boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 1.3% during the first quarter. Farmers National Bank now owns 56,390 shares of the company’s stock worth $1,177,000 after purchasing an additional 703 shares during the period. Kestra Advisory Services LLC boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 0.9% during the first quarter. Kestra Advisory Services LLC now owns 91,240 shares of the company’s stock worth $1,905,000 after purchasing an additional 856 shares during the period. VestGen Advisors LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 2.3% in the fourth quarter. VestGen Advisors LLC now owns 39,582 shares of the company’s stock worth $837,000 after purchasing an additional 895 shares in the last quarter. Finally, Clark Asset Management LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 1.7% in the fourth quarter. Clark Asset Management LLC now owns 67,587 shares of the company’s stock worth $1,428,000 after purchasing an additional 1,106 shares in the last quarter.

About Invesco BulletShares 2031 Municipal Bond ETF

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.