Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Declines By 26.6%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totalling 24,500 shares, a decline of 26.6% from the June 15th total of 33,400 shares. Based on an average trading volume of 10,000 shares, the short-interest ratio is currently 2.5 days.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMW opened at $25.46 on Monday. The business’s 50 day moving average is $25.25 and its 200 day moving average is $25.49. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $23.46 and a 52-week high of $26.13.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.0732 per share. The ex-dividend date was Monday, June 24th. This represents a $0.88 annualized dividend and a dividend yield of 3.45%. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Comerica Bank raised its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 283.9% in the 1st quarter. Comerica Bank now owns 3,904 shares of the company’s stock valued at $100,000 after purchasing an additional 2,887 shares in the last quarter. Bill Few Associates Inc. purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter valued at approximately $205,000. Beacon Pointe Advisors LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter worth $238,000. Addison Advisors LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 6.0% during the fourth quarter. Addison Advisors LLC now owns 12,684 shares of the company’s stock worth $331,000 after purchasing an additional 719 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 1st quarter valued at $332,000.

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.