Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 62,350 shares, an increase of 123.1% from the February 26th total of 27,941 shares. Based on an average daily trading volume, of 22,497 shares, the short-interest ratio is presently 2.8 days. Approximately 1.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter worth $134,000. ORG Partners LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth about $141,000. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 15.1% in the third quarter. First Command Advisory Services Inc. now owns 6,027 shares of the company’s stock worth $151,000 after buying an additional 792 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter worth about $210,000. Finally, United Capital Financial Advisors LLC acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the third quarter worth about $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock opened at $24.76 on Friday. The business has a 50 day simple moving average of $25.29 and a two-hundred day simple moving average of $25.18. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $22.90 and a 12 month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.067 per share. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.2%.

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.