Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Sees Significant Drop in Short Interest

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 13,921 shares, a drop of 56.4% from the November 30th total of 31,943 shares. Based on an average daily trading volume, of 49,678 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 49,678 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Several large investors have recently made changes to their positions in BSMV. Horizons Wealth Management acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth approximately $31,000. NewEdge Advisors LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 1st quarter valued at $54,000. JPMorgan Chase & Co. acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth $56,000. First Command Advisory Services Inc. boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 25.2% during the 2nd quarter. First Command Advisory Services Inc. now owns 5,775 shares of the company’s stock worth $119,000 after acquiring an additional 1,162 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the third quarter worth $135,000.

Invesco BulletShares 2031 Municipal Bond ETF Stock Down 0.0%

Shares of NASDAQ:BSMV traded down $0.01 during trading on Friday, hitting $21.11. 110,939 shares of the company traded hands, compared to its average volume of 35,321. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $19.74 and a one year high of $21.21. The business’s fifty day moving average is $21.13 and its 200-day moving average is $20.91.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.0495 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 2.8%.

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.