Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 32.9% in December

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 9.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,602 shares of the company’s stock valued at $444,000 after purchasing an additional 1,569 shares during the period. Asset Dedication LLC grew its stake in Invesco BulletShares 2032 Municipal Bond ETF by 17.0% during the third quarter. Asset Dedication LLC now owns 3,879 shares of the company’s stock worth $99,000 after purchasing an additional 565 shares during the period. Stratos Wealth Advisors LLC increased its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 10.0% in the third quarter. Stratos Wealth Advisors LLC now owns 22,422 shares of the company’s stock worth $575,000 after purchasing an additional 2,031 shares in the last quarter. Precedent Wealth Partners LLC lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 368.1% in the third quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock valued at $1,532,000 after buying an additional 47,010 shares during the period. Finally, Sterling Financial Group Inc. lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 20.2% in the third quarter. Sterling Financial Group Inc. now owns 59,611 shares of the company’s stock valued at $1,528,000 after buying an additional 10,000 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

BSMW opened at $24.94 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 1 year low of $24.73 and a 1 year high of $26.02. The business has a fifty day simple moving average of $25.22 and a 200 day simple moving average of $25.36.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.069 per share. The ex-dividend date 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.