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

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 39,303 shares, a growth of 100.6% from the May 31st total of 19,591 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 22,314 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Several large investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter worth $72,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at $140,000. Cookson Peirce & Co. Inc. acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter worth about $210,000. Independent Financial Group LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 1st quarter worth about $224,000. Finally, United Capital Financial Advisors LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter valued at about $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Down 0.2%

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock traded down $0.04 on Wednesday, reaching $25.10. 5,561 shares of the stock were exchanged, compared to its average volume of 36,911. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $24.15 and a twelve month high of $25.57. The business has a 50 day moving average price of $25.03 and a two-hundred day moving average price of $25.15.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0697 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 3.3%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06.

About Invesco BulletShares 2032 Municipal Bond ETF

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.