Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Up 46.1% in December

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 45,084 shares, a growth of 46.1% from the November 30th total of 30,849 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 40,741 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 40,741 shares, the short-interest ratio is presently 1.1 days. Approximately 1.5% of the company’s stock are sold short.

Invesco BulletShares 2034 Municipal Bond ETF Trading Down 0.1%

Shares of NASDAQ BSMY opened at $24.57 on Monday. The firm’s 50 day moving average price is $24.63 and its 200-day moving average price is $24.15. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $22.61 and a 52-week high of $24.95.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.0735 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BSMY. Confluence Investment Management LLC grew its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 2,611.1% during the 3rd quarter. Confluence Investment Management LLC now owns 340,971 shares of the company’s stock valued at $8,296,000 after purchasing an additional 328,394 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% in the second quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock worth $5,954,000 after buying an additional 236,180 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the first quarter valued at approximately $2,478,000. D.A. Davidson & CO. bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the second quarter valued at approximately $1,533,000. Finally, Sterling Financial Group Inc. purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the third quarter valued at approximately $756,000.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.