Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 100.6% in June

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 39,303 shares, an increase of 100.6% from the May 31st total of 19,591 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 22,314 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in BSMW. Raymond James Financial Inc. grew its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 22.8% in the 2nd quarter. Raymond James Financial Inc. now owns 100,990 shares of the company’s stock worth $2,472,000 after buying an additional 18,751 shares during the last quarter. Jane Street Group LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the second quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock valued at $3,753,000 after buying an additional 82,134 shares during the last quarter. Bank of America Corp DE boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 11.9% in the second quarter. Bank of America Corp DE now owns 137,312 shares of the company’s stock worth $3,361,000 after acquiring an additional 14,571 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 23.1% in the second quarter. Osaic Holdings Inc. now owns 26,119 shares of the company’s stock worth $639,000 after acquiring an additional 4,909 shares in the last quarter. Finally, IFG Advisory LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth $239,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.0%

NASDAQ:BSMW traded up $0.01 during mid-day trading on Thursday, hitting $25.13. 665 shares of the company’s stock were exchanged, compared to its average volume of 36,936. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $24.15 and a one year high of $25.57. The business has a fifty day moving average price of $25.03 and a 200 day moving average price of $25.15.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0697 per share. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend 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.