Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Down 73.1% in June

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 11,288 shares, a decrease of 73.1% from the June 15th total of 41,890 shares. Based on an average trading volume of 14,993 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSMY. Fifth Third Bancorp purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the first quarter worth approximately $40,000. Osaic Holdings Inc. grew its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares in the last quarter. IFP Advisors Inc purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter valued at $86,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at $141,000. Finally, Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% in the 4th quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock worth $197,000 after acquiring an additional 1,331 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Stock Up 0.0%

BSMY stock traded up $0.01 during mid-day trading on Friday, reaching $24.57. The company’s stock had a trading volume of 13,828 shares, compared to its average volume of 25,543. Invesco BulletShares 2034 Municipal Bond ETF has a fifty-two week low of $23.41 and a fifty-two week high of $25.02. The company’s 50 day moving average is $24.51 and its two-hundred day moving average is $24.60.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.0729 dividend. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.