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

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 64,753 shares, a growth of 40.4% from the March 31st total of 46,122 shares. Based on an average daily trading volume, of 23,404 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BSMW. Atlantic Union Bankshares Corp raised its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 7.1% in 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 in the last quarter. Wells Fargo & Company MN raised its holdings 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 valued at $6,053,000 after purchasing an additional 20,071 shares in the last quarter. Invesco Ltd. raised its holdings 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 in the last quarter. Stratos Wealth Advisors LLC raised its holdings 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 in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% in the 2nd quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock valued at $3,753,000 after purchasing an additional 82,134 shares in the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.2%

NASDAQ BSMW traded up $0.05 on Thursday, reaching $25.07. 10,144 shares of the stock traded hands, compared to its average volume of 41,902. The company has a fifty day moving average price of $25.13 and a 200-day moving average price of $25.19. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $24.14 and a 12 month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were given a dividend of $0.0684 per share. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, April 20th. This represents a c) dividend on an annualized basis and a yield of 3.3%.

About Invesco BulletShares 2032 Municipal Bond ETF

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.