Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Down 56.4% in December

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 13,921 shares, a decline of 56.4% from the November 30th total of 31,943 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 49,678 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 49,678 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.2%

Shares of NASDAQ BSMV opened at $21.13 on Friday. The business’s fifty day simple moving average is $21.13 and its 200-day simple moving average is $20.90. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $19.74 and a 12-month high of $21.21.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be given a $0.0495 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 2.8%.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Koss Olinger Consulting LLC purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF in the second quarter worth approximately $537,000. Venture Visionary Partners LLC increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.6% in the 2nd quarter. Venture Visionary Partners LLC now owns 28,020 shares of the company’s stock valued at $578,000 after purchasing an additional 1,483 shares during the last quarter. Asset Dedication LLC raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 145.1% in the 2nd quarter. Asset Dedication LLC now owns 41,289 shares of the company’s stock valued at $851,000 after purchasing an additional 24,441 shares in the last quarter. Precedent Wealth Partners LLC lifted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 11.0% during the 2nd quarter. Precedent Wealth Partners LLC now owns 156,969 shares of the company’s stock worth $3,237,000 after purchasing an additional 15,574 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 13.4% during the first quarter. Invesco Ltd. now owns 159,853 shares of the company’s stock worth $3,314,000 after purchasing an additional 18,891 shares in the last quarter.

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.