Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Down 73.1% in June

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 11,288 shares, a decline of 73.1% from the June 15th total of 41,890 shares. Based on an average daily volume of 14,993 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSMY. Jane Street Group LLC acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the first quarter worth approximately $2,478,000. Raymond James Financial Inc. raised its position in Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% in the 2nd quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock worth $5,954,000 after purchasing an additional 236,180 shares during the last quarter. Bank of America Corp DE lifted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 114.3% during the 2nd quarter. Bank of America Corp DE now owns 15,332 shares of the company’s stock worth $364,000 after buying an additional 8,177 shares in the last quarter. Osaic Holdings Inc. boosted its position in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd 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. Finally, Envestnet Asset Management Inc. boosted its position in Invesco BulletShares 2034 Municipal Bond ETF by 25.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 23,780 shares of the company’s stock valued at $579,000 after buying an additional 4,842 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Invesco BulletShares 2034 Municipal Bond ETF stock traded down $0.02 on Monday, reaching $24.55. The company’s stock had a trading volume of 32,924 shares, compared to its average volume of 25,599. The business’s fifty day moving average price is $24.51 and its 200 day moving average price is $24.60. Invesco BulletShares 2034 Municipal Bond ETF has a twelve month low of $23.41 and a twelve month high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0729 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco BulletShares 2034 Municipal Bond ETF

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.