Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Sees Significant Growth in Short Interest

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 56,434 shares, a growth of 25.2% from the December 15th total of 45,084 shares. Based on an average daily volume of 20,269 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.4% of the shares of the stock are sold short. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily volume of 20,269 shares, the days-to-cover ratio is currently 2.8 days.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Invesco BulletShares 2034 Municipal Bond ETF stock traded up $0.01 during midday trading on Friday, reaching $24.80. 15,008 shares of the stock traded hands, compared to its average volume of 25,510. The stock’s fifty day moving average is $24.64 and its 200-day moving average is $24.25. Invesco BulletShares 2034 Municipal Bond ETF has a 12 month low of $22.61 and a 12 month high of $24.95.

Invesco BulletShares 2034 Municipal Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.0735 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

Hedge Funds Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. lifted its position in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second 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. First Command Advisory Services Inc. lifted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 30.1% during the third quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock worth $124,000 after purchasing an additional 1,184 shares in the last quarter. Precedent Wealth Partners LLC boosted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 17.8% during the fourth quarter. Precedent Wealth Partners LLC now owns 20,633 shares of the company’s stock worth $507,000 after buying an additional 3,114 shares during the period. Addison Advisors LLC grew its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 20.9% in the third quarter. Addison Advisors LLC now owns 20,997 shares of the company’s stock valued at $511,000 after buying an additional 3,630 shares in the last quarter. Finally, Asset Dedication LLC raised its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 26.8% in the 3rd quarter. Asset Dedication LLC now owns 19,930 shares of the company’s stock valued at $485,000 after buying an additional 4,216 shares during the period.

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.