Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Large Increase in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 31,900 shares, a growth of 32.9% from the December 15th total of 24,000 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envision Financial Planning LLC increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 2.5% during the third quarter. Envision Financial Planning LLC now owns 164,177 shares of the company’s stock valued at $4,208,000 after acquiring an additional 3,984 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 42.6% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 159,528 shares of the company’s stock worth $4,089,000 after purchasing an additional 47,665 shares during the period. Sterling Financial Group Inc. grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 35.1% during the 4th quarter. Sterling Financial Group Inc. now owns 80,544 shares of the company’s stock valued at $2,021,000 after purchasing an additional 20,933 shares during the last quarter. Precedent Wealth Partners LLC raised its position in Invesco BulletShares 2032 Municipal Bond ETF by 368.1% in the 3rd quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock worth $1,532,000 after purchasing an additional 47,010 shares during the period. Finally, Key Financial Inc lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 11.9% in the third quarter. Key Financial Inc now owns 34,608 shares of the company’s stock worth $887,000 after purchasing an additional 3,675 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.3 %

Invesco BulletShares 2032 Municipal Bond ETF stock opened at $24.94 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.73 and a 52-week high of $26.02. The firm’s fifty day moving average is $25.22 and its 200 day moving average is $25.36.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.069 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.