Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Down 32.8% in December

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 24,800 shares, a decline of 32.8% from the December 15th total of 36,900 shares. Based on an average daily trading volume, of 25,500 shares, the short-interest ratio is presently 1.0 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of BSMV traded up $0.04 during trading hours on Wednesday, hitting $20.81. 173,643 shares of the company were exchanged, compared to its average volume of 38,394. The firm’s 50 day moving average is $21.06 and its 200-day moving average is $21.13. Invesco BulletShares 2031 Municipal Bond ETF has a 52 week low of $20.69 and a 52 week high of $21.71.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 6.8% during the second quarter. Commonwealth Equity Services LLC now owns 29,501 shares of the company’s stock valued at $618,000 after acquiring an additional 1,870 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 22.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock worth $223,000 after purchasing an additional 1,982 shares during the last quarter. Farmers National Bank boosted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 6.7% during the 2nd quarter. Farmers National Bank now owns 41,049 shares of the company’s stock valued at $860,000 after purchasing an additional 2,586 shares during the period. Asset Dedication LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 4.4% in the 3rd quarter. Asset Dedication LLC now owns 12,995 shares of the company’s stock valued at $277,000 after buying an additional 550 shares during the last quarter. Finally, Precedent Wealth Partners LLC increased its position in Invesco BulletShares 2031 Municipal Bond ETF by 23.3% in the 3rd quarter. Precedent Wealth Partners LLC now owns 71,031 shares of the company’s stock worth $1,513,000 after buying an additional 13,419 shares during the period.

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.