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

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 193,656 shares, an increase of 2,836.4% from the September 15th total of 6,595 shares. Currently, 3.1% of the shares of the stock are sold short. Based on an average trading volume of 60,578 shares, the days-to-cover ratio is currently 3.2 days.

Invesco BulletShares 2034 Municipal Bond ETF Trading Up 0.2%

NASDAQ BSMY traded up $0.05 during trading hours on Friday, hitting $22.82. The company’s stock had a trading volume of 75,474 shares, compared to its average volume of 30,018. The stock has a fifty day moving average of $23.57 and a 200 day moving average of $24.14. Invesco BulletShares 2034 Municipal Bond ETF has a twelve month low of $22.40 and a twelve month high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.0741 per share. This is an increase from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.0736. This represents a $0.89 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, September 21st.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc lifted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 12.9% during the 2nd quarter. IFP Advisors Inc now owns 3,950 shares of the company’s stock valued at $97,000 after acquiring an additional 450 shares during the period. Fifth Third Bancorp bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at $40,000. Clark Asset Management LLC lifted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 5.7% during the 1st quarter. Clark Asset Management LLC now owns 35,626 shares of the company’s stock worth $864,000 after buying an additional 1,915 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 2nd quarter worth $50,000. Finally, Envestnet Asset Management Inc. raised its stake in Invesco BulletShares 2034 Municipal Bond ETF by 8.7% during the second quarter. Envestnet Asset Management Inc. now owns 39,382 shares of the company’s stock worth $971,000 after acquiring an additional 3,139 shares in the last quarter.

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.