Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 29.4% in January

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 41,982 shares, a growth of 29.4% from the January 15th total of 32,440 shares. Based on an average trading volume of 79,537 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 79,537 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.1%

NASDAQ:BSMV opened at $21.44 on Tuesday. The business’s fifty day moving average is $21.23 and its 200 day moving average is $21.08. Invesco BulletShares 2031 Municipal Bond ETF has a 52-week low of $19.74 and a 52-week high of $21.46.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.0474 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, January 20th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Asset Dedication LLC boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 145.1% during the 2nd quarter. Asset Dedication LLC now owns 41,289 shares of the company’s stock valued at $851,000 after acquiring an additional 24,441 shares during the last quarter. Koss Olinger Consulting LLC bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the second quarter worth approximately $537,000. Central Valley Advisors LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at approximately $3,951,000. First Command Advisory Services Inc. raised its stake in Invesco BulletShares 2031 Municipal Bond ETF by 25.2% in the second quarter. First Command Advisory Services Inc. now owns 5,775 shares of the company’s stock valued at $119,000 after purchasing an additional 1,162 shares in the last quarter. Finally, Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the second quarter valued at approximately $1,042,000.

About Invesco BulletShares 2031 Municipal Bond ETF

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.