Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Increases By 176.5%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 40,563 shares, a growth of 176.5% from the May 14th total of 14,668 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 50,398 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter valued at $54,000. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at $56,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter valued at $140,000. Capital Analysts LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 516.5% in the 4th quarter. Capital Analysts LLC now owns 8,884 shares of the company’s stock valued at $188,000 after buying an additional 7,443 shares during the period. Finally, Harbour Investments Inc. increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the 4th quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after buying an additional 472 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of BSMV stock traded down $0.03 during trading hours on Friday, hitting $21.00. 20,500 shares of the company’s stock were exchanged, compared to its average volume of 43,413. The stock’s 50-day moving average is $20.98 and its 200-day moving average is $21.12. Invesco BulletShares 2031 Municipal Bond ETF has a 52 week low of $20.48 and a 52 week high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.0529 per share. The ex-dividend date was Monday, May 18th. This is a boost from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 3.0%.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

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.