Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Decreases By 72.2%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 11,200 shares, a decrease of 72.2% from the July 30th total of 40,335 shares. Based on an average trading volume of 37,090 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter worth approximately $72,000. Ascentis Independent Advisors purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF during the 1st quarter valued at $140,000. Cookson Peirce & Co. Inc. purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at $210,000. Independent Financial Group LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at $224,000. Finally, United Capital Financial Advisors LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock remained flat at $24.63 during trading on Friday. 9,361 shares of the stock traded hands, compared to its average volume of 35,858. The company has a 50 day simple moving average of $24.90 and a two-hundred day simple moving average of $25.04. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be paid a $0.0735 dividend. The ex-dividend date of this dividend is Monday, August 24th. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.6%.

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.