Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Update

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 46,021 shares, an increase of 78.2% from the February 12th total of 25,827 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 42,644 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 42,644 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the company’s stock are short sold.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

BSMV stock opened at $21.12 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $19.74 and a twelve month high of $21.53. The stock’s 50 day moving average is $21.30 and its 200-day moving average is $21.16.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0494 per share. This is a boost from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 2.8%.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in the company. Horizons Wealth Management bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter valued at about $31,000. NewEdge Advisors LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter worth about $54,000. JPMorgan Chase & Co. bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter worth about $56,000. Farther Finance Advisors LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at about $135,000. Finally, ORG Partners LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at about $141,000.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

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.