Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Drops By 25.7%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 13,300 shares, a decline of 25.7% from the August 31st total of 17,900 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is currently 0.9 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.3 %

BSMW traded up $0.07 during midday trading on Friday, hitting $25.63. The company’s stock had a trading volume of 2,579 shares, compared to its average volume of 14,797. The firm has a 50-day moving average price of $25.51 and a two-hundred day moving average price of $25.37. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $23.46 and a 52-week high of $26.13.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 106.9% during the 4th quarter. Wells Fargo & Company MN now owns 418,738 shares of the company’s stock worth $10,912,000 after purchasing an additional 216,391 shares during the period. Envision Financial Planning LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 11.5% during the 1st quarter. Envision Financial Planning LLC now owns 144,841 shares of the company’s stock worth $3,696,000 after purchasing an additional 14,947 shares during the period. Atlantic Union Bankshares Corp grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 25.3% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 111,863 shares of the company’s stock worth $2,820,000 after purchasing an additional 22,605 shares during the period. Raymond James & Associates grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 9.1% during the 2nd quarter. Raymond James & Associates now owns 63,695 shares of the company’s stock worth $1,606,000 after purchasing an additional 5,301 shares during the period. Finally, Sterling Financial Group Inc. grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the 1st quarter. Sterling Financial Group Inc. now owns 54,311 shares of the company’s stock worth $1,386,000 after purchasing an additional 29,101 shares during the period.

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.