Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Update

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 21,415 shares, a drop of 47.2% from the May 31st total of 40,563 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 40,213 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of BSMV stock opened at $21.00 on Tuesday. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $20.48 and a 12-month high of $21.53. The firm has a fifty day moving average of $20.98 and a 200-day moving average of $21.11.

Invesco BulletShares 2031 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.0535 per share. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the first quarter worth about $54,000. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth about $56,000. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 1st quarter valued at about $140,000. Capital Analysts LLC lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 516.5% during the 4th quarter. Capital Analysts LLC now owns 8,884 shares of the company’s stock valued at $188,000 after purchasing an additional 7,443 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the 4th quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after purchasing an additional 472 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.