Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 26.6% in June

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 24,500 shares, a decline of 26.6% from the June 15th total of 33,400 shares. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Comerica Bank grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 283.9% during the 1st quarter. Comerica Bank now owns 3,904 shares of the company’s stock valued at $100,000 after buying an additional 2,887 shares during the last quarter. Bill Few Associates Inc. purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at $205,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter valued at $238,000. Addison Advisors LLC increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 6.0% during the 4th quarter. Addison Advisors LLC now owns 12,684 shares of the company’s stock worth $331,000 after purchasing an additional 719 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $332,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.2 %

Invesco BulletShares 2032 Municipal Bond ETF stock opened at $25.46 on Monday. The firm’s 50-day simple moving average is $25.25 and its 200 day simple moving average is $25.49. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $23.46 and a 52 week high of $26.13.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a $0.0732 dividend. The ex-dividend date of this dividend was Monday, June 24th. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.88 annualized dividend and a dividend yield of 3.45%.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.