Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Increases By 165.2%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 23,600 shares, an increase of 165.2% from the February 13th total of 8,900 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors have recently modified their holdings of the stock. Global Financial Private Client LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at about $99,000. Principal Securities Inc. acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at about $99,000. Asset Dedication LLC grew its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 93.3% in the fourth quarter. Asset Dedication LLC now owns 7,497 shares of the company’s stock valued at $188,000 after purchasing an additional 3,618 shares during the period. Hobbs Group Advisors LLC boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 28.2% during the third quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock worth $199,000 after acquiring an additional 1,713 shares during the last quarter. Finally, Crews Bank & Trust acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter worth about $197,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Down 0.7 %

Shares of NASDAQ BSMW opened at $24.93 on Thursday. The company’s 50-day simple moving average is $25.06 and its 200-day simple moving average is $25.27. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.73 and a 52-week high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a $0.0659 dividend. The ex-dividend date of this dividend was Monday, February 24th.

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.