Short Interest in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Rises By 321.7%

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 41,890 shares, an increase of 321.7% from the May 31st total of 9,934 shares. Based on an average trading volume of 14,697 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of BSMY. Fifth Third Bancorp purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 1st quarter worth approximately $40,000. Osaic Holdings Inc. increased its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% during the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after purchasing an additional 720 shares in the last quarter. IFP Advisors Inc purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter valued at about $86,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at about $141,000. Finally, Royal Bank of Canada boosted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% in the 4th quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock valued at $197,000 after purchasing an additional 1,331 shares during the period.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

BSMY traded up $0.01 during mid-day trading on Friday, hitting $24.62. 23,387 shares of the stock were exchanged, compared to its average volume of 26,215. The firm’s fifty day moving average is $24.50 and its two-hundred day moving average is $24.59. Invesco BulletShares 2034 Municipal Bond ETF has a 1-year low of $23.41 and a 1-year high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

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

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.