Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 42.0% in July

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 35,500 shares, anincreaseof42.0% from the July 15th total of 25,000 shares. Approximately0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 27,200 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 27,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately0.8% of the shares of the company are sold short.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ BSMW opened at $24.37 on Friday. The firm has a 50-day moving average of $24.40 and a 200-day moving average of $24.54. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $22.90 and a 52-week high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Monday, August 18th will be paid a dividend of $0.0696 per share. The ex-dividend date is Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of BSMW. First Command Advisory Services Inc. raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 23.9% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,235 shares of the company’s stock worth $128,000 after purchasing an additional 1,009 shares in the last quarter. Capital Analysts LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 346.2% in the 1st quarter. Capital Analysts LLC now owns 1,798 shares of the company’s stock worth $44,000 after purchasing an additional 1,395 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 1.9% in the 1st quarter. Kestra Advisory Services LLC now owns 75,442 shares of the company’s stock worth $1,856,000 after purchasing an additional 1,433 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 9.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,455 shares of the company’s stock worth $452,000 after purchasing an additional 1,615 shares in the last quarter. Finally, MB Levis & Associates LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 4.1% in the 1st quarter. MB Levis & Associates LLC now owns 51,619 shares of the company’s stock worth $1,270,000 after purchasing an additional 2,035 shares in 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.