Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Update

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 29,975 shares, an increase of 165.5% from the June 30th total of 11,288 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 18,580 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the first quarter valued at about $40,000. Osaic Holdings Inc. boosted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after purchasing an additional 720 shares in the last quarter. IFP Advisors Inc purchased a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter worth about $86,000. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 1st quarter valued at about $141,000. Finally, Royal Bank of Canada increased its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% during the 4th quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock valued at $197,000 after purchasing an additional 1,331 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Trading Up 0.3%

Invesco BulletShares 2034 Municipal Bond ETF stock traded up $0.08 during mid-day trading on Monday, hitting $24.11. 36,369 shares of the company traded hands, compared to its average volume of 25,227. Invesco BulletShares 2034 Municipal Bond ETF has a one year low of $23.44 and a one year high of $25.02. The stock has a fifty day moving average price of $24.48 and a 200-day moving average price of $24.58.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a $0.0754 dividend. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, July 20th.

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.