Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Stock Short Interest Report for September

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 62,417 shares, an increase of 68.9% from the September 15th total of 36,945 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 89,276 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.8%

BSMW opened at $24.03 on Friday. The business’s 50 day moving average is $24.23 and its 200-day moving average is $24.72. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $23.36 and a twelve month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.0672 dividend. The ex-dividend date was Monday, September 21st. This represents a $0.81 annualized dividend and a yield of 3.4%. This is a decrease from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.0735.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Legacy Private Trust Co. acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth $733,000. Horizons Wealth Management acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at $44,000. Confluence Investment Management LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at $4,501,000. Envestnet Asset Management Inc. increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 874.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,141,290 shares of the company’s stock valued at $28,692,000 after purchasing an additional 1,024,114 shares during the period. Finally, Cherry Tree Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the second quarter valued at about $380,000.

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.