Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Increases By 176.5%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 40,563 shares, a growth of 176.5% from the May 14th total of 14,668 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 50,398 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSMV. Hills Bank & Trust Co raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 242.5% during the 4th quarter. Hills Bank & Trust Co now owns 441,580 shares of the company’s stock valued at $9,333,000 after acquiring an additional 312,658 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 527.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 317,976 shares of the company’s stock valued at $6,720,000 after acquiring an additional 267,318 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 215.7% during the 4th quarter. HighTower Advisors LLC now owns 220,511 shares of the company’s stock valued at $4,660,000 after acquiring an additional 150,658 shares during the last quarter. Lido Advisors LLC raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 104.5% during the 3rd quarter. Lido Advisors LLC now owns 176,900 shares of the company’s stock valued at $3,717,000 after acquiring an additional 90,400 shares during the last quarter. Finally, Coastline Complete Wealth LLC raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 492.2% during the 1st quarter. Coastline Complete Wealth LLC now owns 71,823 shares of the company’s stock valued at $1,500,000 after acquiring an additional 59,695 shares during the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2031 Municipal Bond ETF stock traded down $0.03 on Friday, hitting $21.00. 20,500 shares of the company’s stock traded hands, compared to its average volume of 43,413. The firm’s 50-day moving average price is $20.98 and its two-hundred day moving average price is $21.12. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $20.48 and a one year high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0529 per share. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.