Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Sees Large Decline in Short Interest

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 12,968 shares, a drop of 22.0% from the January 15th total of 16,630 shares. Based on an average daily volume of 21,477 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 21,477 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Invesco BulletShares 2034 Municipal Bond ETF stock opened at $24.93 on Tuesday. Invesco BulletShares 2034 Municipal Bond ETF has a 12 month low of $22.61 and a 12 month high of $24.97. The business’s fifty day simple moving average is $24.70 and its two-hundred day simple moving average is $24.44.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.0709 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Investors Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the company. Addison Advisors LLC boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 26.8% during the 2nd quarter. Addison Advisors LLC now owns 17,367 shares of the company’s stock valued at $412,000 after purchasing an additional 3,675 shares during the last quarter. Confluence Investment Management LLC lifted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 2,611.1% during the third 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 in the last quarter. Koss Olinger Consulting LLC purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the second quarter valued at $534,000. First Command Advisory Services Inc. increased its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 88.5% in the 2nd quarter. First Command Advisory Services Inc. now owns 3,932 shares of the company’s stock worth $93,000 after buying an additional 1,846 shares in the last quarter. Finally, MB Levis & Associates LLC increased its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 11.7% in the 2nd quarter. MB Levis & Associates LLC now owns 54,198 shares of the company’s stock worth $1,285,000 after buying an additional 5,656 shares in the last quarter.

About Invesco BulletShares 2034 Municipal Bond ETF

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.