Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 33,400 shares, an increase of 124.2% from the May 31st total of 14,900 shares. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is presently 3.3 days.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

BSMW opened at $25.21 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $23.46 and a 52-week high of $26.13. The firm’s fifty day simple moving average is $25.21 and its two-hundred day simple moving average is $25.53.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.0732 per share. This represents a $0.88 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of BSMW. Comerica Bank lifted its position in Invesco BulletShares 2032 Municipal Bond ETF by 283.9% in the first 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. acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter worth about $205,000. Beacon Pointe Advisors LLC purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter worth approximately $238,000. Addison Advisors LLC lifted its holdings 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 buying an additional 719 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at approximately $332,000.

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.