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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 15,100 shares, a decrease of 57.1% from the August 31st total of 35,200 shares. Based on an average trading volume of 36,700 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 36,700 shares, the short-interest ratio is presently 0.4 days.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

BSMV stock opened at $21.03 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 12 month low of $19.74 and a 12 month high of $21.46. The firm has a 50 day simple moving average of $20.85 and a 200 day simple moving average of $20.64.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.0508 per share. This is a boost from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, September 22nd.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSMV. Citadel Advisors LLC acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at approximately $313,000. Sterling Financial Group Inc. lifted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 12.2% during the first quarter. Sterling Financial Group Inc. now owns 53,790 shares of the company’s stock valued at $1,115,000 after purchasing an additional 5,850 shares during the last quarter. Precedent Wealth Partners LLC lifted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 90.6% during the first quarter. Precedent Wealth Partners LLC now owns 141,395 shares of the company’s stock valued at $2,931,000 after purchasing an additional 67,193 shares during the last quarter. Avior Wealth Management LLC lifted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 23.5% during the first quarter. Avior Wealth Management LLC now owns 146,393 shares of the company’s stock valued at $3,035,000 after purchasing an additional 27,839 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 46.0% during the first quarter. Envestnet Asset Management Inc. now owns 106,685 shares of the company’s stock valued at $2,212,000 after acquiring an additional 33,595 shares during the period.

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.