Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Growth in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 31,900 shares, an increase of 32.9% from the December 15th total of 24,000 shares. Based on an average daily trading volume, of 21,500 shares, the short-interest ratio is presently 1.5 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.3 %

BSMW stock opened at $24.94 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $24.73 and a one year high of $26.02. The firm has a 50-day moving average of $25.22 and a two-hundred day moving average of $25.36.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.069 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 9.8% in the second quarter. Commonwealth Equity Services LLC now owns 17,602 shares of the company’s stock valued at $444,000 after purchasing an additional 1,569 shares during the period. Asset Dedication LLC boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 17.0% during the third quarter. Asset Dedication LLC now owns 3,879 shares of the company’s stock valued at $99,000 after purchasing an additional 565 shares in the last quarter. Stratos Wealth Advisors LLC grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 10.0% in the third quarter. Stratos Wealth Advisors LLC now owns 22,422 shares of the company’s stock valued at $575,000 after acquiring an additional 2,031 shares during the period. Precedent Wealth Partners LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 368.1% during the 3rd quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock worth $1,532,000 after purchasing an additional 47,010 shares in the last quarter. Finally, Sterling Financial Group Inc. boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 20.2% in the third quarter. Sterling Financial Group Inc. now owns 59,611 shares of the company’s stock valued at $1,528,000 after buying an additional 10,000 shares in the last quarter.

About Invesco BulletShares 2032 Municipal Bond ETF

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.