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

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 62,350 shares, an increase of 123.1% from the February 26th total of 27,941 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 22,497 shares, the days-to-cover ratio is presently 2.8 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of BSMW stock opened at $24.80 on Thursday. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $22.90 and a twelve month high of $25.57. The stock’s fifty day simple moving average is $25.31 and its 200 day simple moving average is $25.18.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.067 per share. The ex-dividend date of this dividend is Monday, March 23rd. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Atlantic Union Bankshares Corp increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 7.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 295,666 shares of the company’s stock valued at $7,384,000 after purchasing an additional 19,507 shares during the period. Wells Fargo & Company MN lifted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 9.1% in the 4th quarter. Wells Fargo & Company MN now owns 241,056 shares of the company’s stock worth $6,053,000 after purchasing an additional 20,071 shares during the period. Invesco Ltd. boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 128.6% in the 4th quarter. Invesco Ltd. now owns 172,080 shares of the company’s stock valued at $4,321,000 after purchasing an additional 96,820 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 19.8% in the 4th quarter. Stratos Wealth Advisors LLC now owns 164,384 shares of the company’s stock valued at $4,128,000 after purchasing an additional 27,211 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the second quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock worth $3,753,000 after buying an additional 82,134 shares during the period.

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.