Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Stock Short Interest Report for October

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 14,753 shares, a decrease of 77.3% from the October 15th total of 65,043 shares. Based on an average daily volume of 44,179 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BSMY. Confluence Investment Management LLC purchased a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the third quarter worth about $5,638,000. D.A. Davidson & CO. bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 3rd quarter valued at about $2,333,000. Wedmont Private Capital bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 2nd quarter valued at about $599,000. Bank of America Corp DE boosted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 97.1% during the 1st quarter. Bank of America Corp DE now owns 116,015 shares of the company’s stock valued at $2,814,000 after acquiring an additional 57,159 shares during the period. Finally, Lido Advisors LLC purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter valued at about $19,097,000.

Invesco BulletShares 2034 Municipal Bond ETF Stock Down 0.3%

BSMY stock opened at $23.84 on Thursday. The firm’s fifty day moving average is $23.29 and its 200 day moving average is $24.17. Invesco BulletShares 2034 Municipal Bond ETF has a 52 week low of $22.40 and a 52 week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a dividend of $0.0723 per share. The ex-dividend date was Monday, October 19th. This is a negative change from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.0741. This represents a $0.87 annualized dividend and a yield of 3.6%.

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.