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

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 11,288 shares, a decline of 73.1% from the June 15th total of 41,890 shares. Based on an average daily volume of 14,993 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Invesco BulletShares 2034 Municipal Bond ETF stock traded up $0.02 during midday trading on Tuesday, reaching $24.56. 1,222 shares of the stock traded hands, compared to its average volume of 25,413. Invesco BulletShares 2034 Municipal Bond ETF has a 12 month low of $23.41 and a 12 month high of $25.02. The stock’s fifty day moving average is $24.51 and its 200-day moving average is $24.60.

Invesco BulletShares 2034 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0729 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BSMY. Jane Street Group LLC purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the first quarter valued at $2,478,000. Raymond James Financial Inc. increased its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% during the second quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock valued at $5,954,000 after acquiring an additional 236,180 shares in the last quarter. Bank of America Corp DE raised its stake in Invesco BulletShares 2034 Municipal Bond ETF by 114.3% in the 2nd quarter. Bank of America Corp DE now owns 15,332 shares of the company’s stock worth $364,000 after acquiring an additional 8,177 shares during the last quarter. Osaic Holdings Inc. raised its position in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% during the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after buying an additional 720 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 25.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,780 shares of the company’s stock valued at $579,000 after buying an additional 4,842 shares during the last quarter.

About Invesco BulletShares 2034 Municipal Bond ETF

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.