Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 65.5% in May

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 19,591 shares, a drop of 65.5% from the May 14th total of 56,769 shares. Based on an average trading volume of 30,324 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $72,000. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $140,000. Cookson Peirce & Co. Inc. acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter valued at about $210,000. Independent Financial Group LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $224,000. Finally, United Capital Financial Advisors LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at about $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.1%

Shares of BSMW traded up $0.03 during midday trading on Friday, hitting $25.10. The company’s stock had a trading volume of 19,669 shares, compared to its average volume of 38,424. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $24.15 and a one year high of $25.57. The company’s fifty day simple moving average is $25.02 and its two-hundred day simple moving average is $25.15.

Invesco BulletShares 2032 Municipal Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a dividend of $0.062 per share. The ex-dividend date of this dividend was Monday, May 18th.

About Invesco BulletShares 2032 Municipal Bond ETF

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.