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

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 19,591 shares, a decline of 65.5% from the May 14th total of 56,769 shares. Based on an average daily trading volume, of 30,324 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Large investors have recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at approximately $72,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at approximately $140,000. Cookson Peirce & Co. Inc. purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at approximately $210,000. Independent Financial Group LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at approximately $224,000. Finally, United Capital Financial Advisors LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth approximately $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

BSMW stock opened at $25.08 on Thursday. The business has a 50 day simple moving average of $25.01 and a 200-day simple moving average of $25.15. Invesco BulletShares 2032 Municipal Bond ETF has a 1 year low of $24.15 and a 1 year high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a $0.062 dividend. The ex-dividend date was Monday, May 18th.

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.