Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Stock Short Interest Report for September

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 62,417 shares, an increase of 68.9% from the September 15th total of 36,945 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 89,276 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Horizons Wealth Management acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at $44,000. Fifth Third Bancorp acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter worth about $72,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter worth about $140,000. Independent Financial Group LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at about $224,000. Finally, Kinetic Wealth Investment Advisors LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at about $258,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ:BSMW opened at $24.03 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $23.36 and a 12-month high of $25.57. The business has a 50 day simple moving average of $24.23 and a 200 day simple moving average of $24.72.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a $0.0672 dividend. This is a drop from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.0735. This represents a $0.81 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, September 21st.

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.