Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 9,600 shares, a drop of 17.9% from the January 15th total of 11,700 shares. Based on an average trading volume of 28,300 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several large investors have recently modified their holdings of BSMW. Confluence Investment Management LLC lifted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.5% in the 4th quarter. Confluence Investment Management LLC now owns 12,184 shares of the company’s stock worth $306,000 after purchasing an additional 416 shares during the period. HighTower Advisors LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at $733,000. Envision Financial Planning LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 2.5% in the 3rd quarter. Envision Financial Planning LLC now owns 164,177 shares of the company’s stock worth $4,208,000 after acquiring an additional 3,984 shares in the last quarter. Hobbs Group Advisors LLC lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 28.2% in the 3rd quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock valued at $199,000 after purchasing an additional 1,713 shares during the period. Finally, MONECO Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter valued at about $278,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMW traded up $0.06 during midday trading on Monday, hitting $25.06. 16,251 shares of the stock were exchanged, compared to its average volume of 28,645. The business’s 50-day moving average price is $25.07 and its 200 day moving average price is $25.32. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $24.73 and a 12 month high of $25.90.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were issued a dividend of $0.0666 per share. The ex-dividend date was Tuesday, January 21st.

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.