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

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 52,027 shares, a growth of 268.9% from the December 31st total of 14,104 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 28,263 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 28,263 shares, the short-interest ratio is currently 1.8 days. Approximately 0.9% of the company’s stock are short sold.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Invesco BulletShares 2032 Municipal Bond ETF stock opened at $25.28 on Thursday. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $22.90 and a 12 month high of $26.21. The company’s fifty day simple moving average is $25.18 and its 200-day simple moving average is $24.93.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.0659 dividend. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, January 20th. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. First Command Advisory Services Inc. grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 23.9% in the second quarter. First Command Advisory Services Inc. now owns 5,235 shares of the company’s stock worth $128,000 after acquiring an additional 1,009 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at $134,000. ORG Partners LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth $141,000. United Capital Financial Advisors LLC acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the third quarter worth $236,000. Finally, IFG Advisory LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at about $239,000.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.