Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Expands By 29.4%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 41,982 shares, a growth of 29.4% from the January 15th total of 32,440 shares. Based on an average daily volume of 79,537 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 79,537 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hills Bank & Trust Co boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 242.5% during the fourth quarter. Hills Bank & Trust Co now owns 441,580 shares of the company’s stock valued at $9,333,000 after buying an additional 312,658 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 527.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 317,976 shares of the company’s stock worth $6,720,000 after acquiring an additional 267,318 shares during the last quarter. Central Valley Advisors LLC purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter valued at $3,951,000. HighTower Advisors LLC grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 215.7% in the 4th quarter. HighTower Advisors LLC now owns 220,511 shares of the company’s stock valued at $4,660,000 after acquiring an additional 150,658 shares during the last quarter. Finally, Lido Advisors LLC increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 104.5% in the third quarter. Lido Advisors LLC now owns 176,900 shares of the company’s stock worth $3,717,000 after purchasing an additional 90,400 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Stock Up 0.1%

Shares of NASDAQ:BSMV opened at $21.44 on Monday. Invesco BulletShares 2031 Municipal Bond ETF has a 12 month low of $19.74 and a 12 month high of $21.46. The company has a 50-day moving average price of $21.22 and a 200 day moving average price of $21.07.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.0474 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.