Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Update

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 120,208 shares, a growth of 129.3% from the July 30th total of 52,424 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 37,567 shares, the days-to-cover ratio is presently 3.2 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of BSMV traded down $0.02 during trading hours on Friday, hitting $20.72. The stock had a trading volume of 28,469 shares, compared to its average volume of 42,308. Invesco BulletShares 2031 Municipal Bond ETF has a 12 month low of $20.63 and a 12 month high of $21.53. The stock has a fifty day moving average price of $20.86 and a 200 day moving average price of $21.00.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be paid a $0.0548 dividend. This is a boost from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 3.2%.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 1st quarter worth $54,000. JPMorgan Chase & Co. bought a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter worth $56,000. Ascentis Independent Advisors purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter valued at $140,000. Capital Analysts LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 516.5% during the fourth quarter. Capital Analysts LLC now owns 8,884 shares of the company’s stock valued at $188,000 after purchasing an additional 7,443 shares during the period. Finally, Harbour Investments Inc. grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 5.2% during the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after purchasing an additional 472 shares during the period.

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.