Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Decrease in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 46,122 shares, a decline of 26.0% from the March 15th total of 62,350 shares. Based on an average daily volume of 21,784 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSMW. Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth approximately $134,000. ORG Partners LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth approximately $141,000. First Command Advisory Services Inc. boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 15.1% during the 3rd quarter. First Command Advisory Services Inc. now owns 6,027 shares of the company’s stock worth $151,000 after acquiring an additional 792 shares in the last quarter. Cookson Peirce & Co. Inc. purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter worth approximately $210,000. Finally, United Capital Financial Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth approximately $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ BSMW traded down $0.01 on Wednesday, hitting $25.11. 8,434 shares of the company’s stock were exchanged, compared to its average volume of 29,686. The firm’s 50-day moving average price is $25.21 and its two-hundred day moving average price is $25.18. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $23.90 and a fifty-two week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.067 per share. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2032 Municipal Bond ETF

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.