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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 48,900 shares, an increase of 64.1% from the March 31st total of 29,800 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is presently 2.9 days.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Hedge funds have recently bought and sold shares of the company. Asset Dedication LLC grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 63.4% during the third quarter. Asset Dedication LLC now owns 4,251 shares of the company’s stock valued at $85,000 after acquiring an additional 1,650 shares in the last quarter. Valicenti Advisory Services Inc. purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at approximately $201,000. Raymond James Financial Services Advisors Inc. purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at approximately $245,000. Beacon Pointe Advisors LLC purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at approximately $332,000. Finally, Addison Advisors LLC grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 18.2% during the third quarter. Addison Advisors LLC now owns 16,895 shares of the company’s stock valued at $338,000 after acquiring an additional 2,600 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

NASDAQ BSMV opened at $20.93 on Friday. The company’s 50 day moving average is $21.28 and its 200-day moving average is $21.09. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $19.68 and a 12-month high of $21.73.

Invesco BulletShares 2031 Municipal Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were given a $0.0549 dividend. The ex-dividend date of this dividend was Monday, April 22nd.

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.