Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Large Decrease in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 31,371 shares, a drop of 76.0% from the January 29th total of 130,448 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 34,833 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 34,833 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter worth approximately $134,000. ORG Partners LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth $141,000. First Command Advisory Services Inc. lifted its position in Invesco BulletShares 2032 Municipal Bond ETF by 15.1% during the third quarter. First Command Advisory Services Inc. now owns 6,027 shares of the company’s stock valued at $151,000 after buying an additional 792 shares during the period. Cookson Peirce & Co. Inc. bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at $210,000. Finally, United Capital Financial Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter worth about $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.1%

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock traded up $0.02 during trading hours on Friday, hitting $25.55. 34,468 shares of the company’s stock traded hands, compared to its average volume of 34,910. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $22.90 and a 12-month high of $25.57. The company has a fifty day simple moving average of $25.31 and a 200-day simple moving average of $25.09.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be paid a dividend of $0.0658 per share. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.1%.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.