Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Declines By 72.2%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 11,200 shares, a drop of 72.2% from the July 30th total of 40,335 shares. Based on an average trading volume of 37,090 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in Invesco BulletShares 2032 Municipal Bond ETF during the first quarter worth about $72,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $140,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter valued at about $210,000. Independent Financial Group LLC acquired a new stake in shares of 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 shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at approximately $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock traded down $0.07 on Thursday, hitting $24.63. 40,286 shares of the company’s stock traded hands, compared to its average volume of 36,024. The firm’s 50-day moving average price is $24.91 and its two-hundred day moving average price is $25.04. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $24.38 and a one year high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a $0.0735 dividend. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 3.6%. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2032 Municipal Bond ETF

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.