Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 11,200 shares, a decrease of 72.2% from the July 30th total of 40,335 shares. Based on an average daily trading volume, of 37,090 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.3%

BSMW traded down $0.07 during mid-day trading on Thursday, reaching $24.63. The stock had a trading volume of 40,286 shares, compared to its average volume of 36,024. The firm’s fifty day simple moving average is $24.91 and its two-hundred day simple moving average is $25.04. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be paid a dividend of $0.0735 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, August 24th.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Straight Path Wealth Management bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth about $4,602,000. Wedmont Private Capital bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at about $701,000. Global Wealth Strategies & Associates bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at about $549,000. Concurrent Investment Advisors LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth approximately $826,000. Finally, Independence Bank of Kentucky acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth approximately $1,903,000.

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.