Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Down 48.3% in February

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 6,703 shares, a decline of 48.3% from the January 29th total of 12,968 shares. Based on an average trading volume of 25,826 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 25,826 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2034 Municipal Bond ETF Stock Up 0.2%

Shares of NASDAQ BSMY opened at $24.98 on Friday. The company has a fifty day moving average price of $24.76 and a 200 day moving average price of $24.50. Invesco BulletShares 2034 Municipal Bond ETF has a 1-year low of $22.61 and a 1-year high of $25.01.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be paid a dividend of $0.0704 per share. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.4%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. raised its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares in the last quarter. IFP Advisors Inc acquired a new position in Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter valued at approximately $86,000. Key Financial Inc bought a new position in Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter worth $115,000. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 30.1% in the third quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock worth $124,000 after acquiring an additional 1,184 shares during the period. Finally, ORG Partners LLC acquired a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the third quarter worth $141,000.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.