Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Update

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 5,045 shares, a decline of 64.3% from the July 30th total of 14,123 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 22,527 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the 1st quarter worth $40,000. Osaic Holdings Inc. raised its stake in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares during the last quarter. IFP Advisors Inc purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the fourth quarter valued at about $86,000. Ascentis Independent Advisors acquired a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the first quarter worth about $141,000. Finally, Royal Bank of Canada boosted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 19.9% in the fourth quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock worth $197,000 after acquiring an additional 1,331 shares in the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Trading Down 0.1%

NASDAQ:BSMY traded down $0.02 during midday trading on Friday, reaching $23.91. 4,842 shares of the stock traded hands, compared to its average volume of 25,280. Invesco BulletShares 2034 Municipal Bond ETF has a 12-month low of $23.60 and a 12-month high of $25.02. The business has a 50-day moving average of $24.30 and a two-hundred day moving average of $24.46.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a dividend of $0.0736 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.