Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 13.0% in March

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 20,900 shares, a growth of 13.0% from the March 15th total of 18,500 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 106.9% during the fourth quarter. Wells Fargo & Company MN now owns 418,738 shares of the company’s stock worth $10,912,000 after buying an additional 216,391 shares in the last quarter. Envision Financial Planning LLC grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 12.7% in the fourth quarter. Envision Financial Planning LLC now owns 129,894 shares of the company’s stock valued at $3,385,000 after purchasing an additional 14,651 shares during the period. Jane Street Group LLC purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at approximately $2,595,000. Atlantic Union Bankshares Corp grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 11.2% in the first quarter. Atlantic Union Bankshares Corp now owns 89,258 shares of the company’s stock valued at $2,277,000 after purchasing an additional 8,994 shares during the period. Finally, LPL Financial LLC grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 21.2% in the third quarter. LPL Financial LLC now owns 86,145 shares of the company’s stock valued at $2,063,000 after purchasing an additional 15,078 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.4 %

Shares of NASDAQ:BSMW traded down $0.10 during midday trading on Tuesday, hitting $25.16. The stock had a trading volume of 6,377 shares, compared to its average volume of 17,781. The stock has a 50 day moving average price of $25.60 and a two-hundred day moving average price of $25.21. Invesco BulletShares 2032 Municipal Bond ETF has a 1 year low of $23.46 and a 1 year high of $26.13.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0692 dividend. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 18th.

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.