Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 169.5% in January

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 32,440 shares, a growth of 169.5% from the December 31st total of 12,038 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 37,527 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 37,527 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in the stock. Central Valley Advisors LLC lifted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 1.7% in the fourth quarter. Central Valley Advisors LLC now owns 191,219 shares of the company’s stock valued at $4,041,000 after buying an additional 3,159 shares during the period. Precedent Wealth Partners LLC raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 6.6% in the 4th quarter. Precedent Wealth Partners LLC now owns 189,917 shares of the company’s stock valued at $4,014,000 after buying an additional 11,826 shares during the last quarter. Bank of America Corp DE increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 0.7% during the second quarter. Bank of America Corp DE now owns 185,369 shares of the company’s stock worth $3,822,000 after buying an additional 1,320 shares during the period. UBS Group AG grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 28.7% in the 4th quarter. UBS Group AG now owns 184,341 shares of the company’s stock valued at $3,896,000 after buying an additional 41,119 shares during the period. Finally, Atlantic Union Bankshares Corp raised its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 10.6% in the third quarter. Atlantic Union Bankshares Corp now owns 177,780 shares of the company’s stock worth $3,735,000 after purchasing an additional 17,011 shares during the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.2%

NASDAQ BSMV traded up $0.04 on Friday, reaching $21.31. 76,989 shares of the company’s stock traded hands, compared to its average volume of 59,094. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $19.74 and a fifty-two week high of $21.33. The stock has a 50 day moving average price of $21.17 and a 200-day moving average price of $21.01.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.0474 dividend. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.