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

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 9,073 shares, an increase of 79.8% from the August 15th total of 5,045 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 24,717 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 2nd quarter valued at about $50,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the second quarter worth approximately $323,000. IFP Advisors Inc boosted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 12.9% during the second quarter. IFP Advisors Inc now owns 3,950 shares of the company’s stock worth $97,000 after purchasing an additional 450 shares during the period. Wedmont Private Capital purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the second quarter valued at approximately $599,000. Finally, Sax Wealth Advisors LLC purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the second quarter valued at approximately $403,000.

Invesco BulletShares 2034 Municipal Bond ETF Stock Performance

BSMY stock opened at $23.32 on Thursday. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $23.25 and a 52-week high of $25.02. The company’s 50 day simple moving average is $24.00 and its 200-day simple moving average is $24.33.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a dividend of $0.0736 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, August 24th.

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.