Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Increases By 175.4%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 17,900 shares, a growth of 175.4% from the August 15th total of 6,500 shares. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is currently 1.2 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Invesco BulletShares 2032 Municipal Bond ETF stock remained flat at $25.63 during trading hours on Friday. 11,608 shares of the company’s stock were exchanged, compared to its average volume of 14,846. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $23.46 and a fifty-two week high of $26.13. The stock has a 50 day moving average of $25.46 and a 200 day moving average of $25.38.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.0732 per share. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.88 dividend on an annualized basis and a yield of 3.43%.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSMW. Wells Fargo & Company MN boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 106.9% in the 4th quarter. Wells Fargo & Company MN now owns 418,738 shares of the company’s stock worth $10,912,000 after purchasing an additional 216,391 shares in the last quarter. Envision Financial Planning LLC grew its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 11.5% during the first quarter. Envision Financial Planning LLC now owns 144,841 shares of the company’s stock worth $3,696,000 after acquiring an additional 14,947 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 25.3% during the second quarter. Atlantic Union Bankshares Corp now owns 111,863 shares of the company’s stock valued at $2,820,000 after acquiring an additional 22,605 shares in the last quarter. Raymond James & Associates boosted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 63,695 shares of the company’s stock worth $1,606,000 after purchasing an additional 5,301 shares in the last quarter. Finally, Sterling Financial Group Inc. grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the 1st quarter. Sterling Financial Group Inc. now owns 54,311 shares of the company’s stock worth $1,386,000 after purchasing an additional 29,101 shares during the last quarter.

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.