Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Decreases By 76.0%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 31,371 shares, a drop of 76.0% from the January 29th total of 130,448 shares. Based on an average daily trading volume, of 34,833 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 34,833 shares, the days-to-cover ratio is currently 0.9 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.1%

Shares of NASDAQ:BSMW opened at $25.52 on Thursday. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $22.90 and a fifty-two week high of $25.54. The firm has a 50-day simple moving average of $25.30 and a 200 day simple moving average of $25.08.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be given a dividend of $0.0658 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, February 23rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSMW. Farther Finance Advisors LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth $134,000. ORG Partners LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter worth about $141,000. First Command Advisory Services Inc. increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 15.1% in the 3rd quarter. First Command Advisory Services Inc. now owns 6,027 shares of the company’s stock worth $151,000 after acquiring an additional 792 shares during the period. Cookson Peirce & Co. Inc. acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth about $210,000. Finally, United Capital Financial Advisors LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at about $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.