Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Sees Significant Increase in Short Interest

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 9,800 shares, an increase of 164.9% from the March 15th total of 3,700 shares. Based on an average daily trading volume, of 38,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Invesco BulletShares 2031 Municipal Bond ETF Stock Down 0.3 %

Shares of Invesco BulletShares 2031 Municipal Bond ETF stock traded down $0.06 during trading on Thursday, hitting $20.29. The company’s stock had a trading volume of 22,383 shares, compared to its average volume of 27,583. Invesco BulletShares 2031 Municipal Bond ETF has a 52 week low of $19.74 and a 52 week high of $21.47. The company has a fifty day simple moving average of $20.78 and a two-hundred day simple moving average of $20.96.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0524 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. YANKCOM Partnership purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter valued at about $44,000. First Command Advisory Services Inc. lifted its position in Invesco BulletShares 2031 Municipal Bond ETF by 17.5% in the 4th quarter. First Command Advisory Services Inc. now owns 4,568 shares of the company’s stock valued at $96,000 after acquiring an additional 681 shares in the last quarter. Principal Securities Inc. purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter valued at $99,000. Collier Financial bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at $116,000. Finally, Global Financial Private Client LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 4th quarter worth about $129,000.

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.