Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Increases By 123.1%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 62,350 shares, a growth of 123.1% from the February 26th total of 27,941 shares. Based on an average trading volume of 22,497 shares, the short-interest ratio is presently 2.8 days. Approximately 1.0% of the company’s stock are sold short.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMW opened at $24.80 on Thursday. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $22.90 and a 12-month high of $25.57. The company’s fifty day simple moving average is $25.31 and its 200 day simple moving average is $25.18.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.067 per share. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Monday, March 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 128.6% during the fourth quarter. Invesco Ltd. now owns 172,080 shares of the company’s stock worth $4,321,000 after buying an additional 96,820 shares during the last quarter. VestGen Advisors LLC lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 41.6% in the fourth quarter. VestGen Advisors LLC now owns 42,001 shares of the company’s stock valued at $1,055,000 after buying an additional 12,344 shares in the last quarter. Envision Financial Planning LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 0.7% during the fourth quarter. Envision Financial Planning LLC now owns 107,787 shares of the company’s stock valued at $2,707,000 after buying an additional 779 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 20.1% during the fourth quarter. Osaic Holdings Inc. now owns 31,186 shares of the company’s stock worth $783,000 after acquiring an additional 5,216 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 8.6% during the fourth quarter. Royal Bank of Canada now owns 12,484 shares of the company’s stock worth $313,000 after acquiring an additional 991 shares in the last quarter.

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.