Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large growth in short interest during 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 stock are short sold. Based on an average daily volume of 22,314 shares, the days-to-cover ratio is currently 1.8 days.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

NASDAQ:BSMW traded up $0.02 on Tuesday, hitting $25.15. The company had a trading volume of 42,516 shares, compared to its average volume of 37,065. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $24.15 and a 52 week high of $25.57. The firm has a 50 day moving average of $25.03 and a two-hundred day moving average of $25.15.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the first quarter valued at about $72,000. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at approximately $140,000. Cookson Peirce & Co. Inc. acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at approximately $210,000. Independent Financial Group LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at approximately $224,000. Finally, United Capital Financial Advisors LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth approximately $236,000.

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.