Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 29.4% in January

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 41,982 shares, an increase of 29.4% from the January 15th total of 32,440 shares. Based on an average trading volume of 79,537 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 79,537 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of BSMV opened at $21.45 on Wednesday. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $19.74 and a fifty-two week high of $21.53. The firm’s 50-day simple moving average is $21.23 and its two-hundred day simple moving average is $21.09.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a $0.0474 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 2.7%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Hills Bank & Trust Co grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 242.5% in the fourth quarter. Hills Bank & Trust Co now owns 441,580 shares of the company’s stock worth $9,333,000 after acquiring an additional 312,658 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 2.5% in the 4th quarter. LPL Financial LLC now owns 390,534 shares of the company’s stock worth $8,254,000 after purchasing an additional 9,492 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 527.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 317,976 shares of the company’s stock valued at $6,720,000 after purchasing an additional 267,318 shares during the last quarter. HighTower Advisors LLC increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 215.7% during the 4th quarter. HighTower Advisors LLC now owns 220,511 shares of the company’s stock valued at $4,660,000 after purchasing an additional 150,658 shares in the last quarter. Finally, Lido Advisors LLC increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 10.6% during the 4th quarter. Lido Advisors LLC now owns 195,700 shares of the company’s stock valued at $4,136,000 after purchasing an additional 18,800 shares in the last quarter.

About Invesco BulletShares 2031 Municipal Bond ETF

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.