Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 165.2% in February

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 23,600 shares, a growth of 165.2% from the February 13th total of 8,900 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BSMW. LPL Financial LLC boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 40.4% in the 4th quarter. LPL Financial LLC now owns 304,183 shares of the company’s stock worth $7,632,000 after acquiring an additional 87,455 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth approximately $1,937,000. Toronto Dominion Bank purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at approximately $1,613,000. Atlantic Union Bankshares Corp boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 37.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 219,372 shares of the company’s stock valued at $5,504,000 after buying an additional 59,844 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at approximately $1,283,000.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

NASDAQ BSMW remained flat at $24.88 on Friday. The company’s stock had a trading volume of 34,807 shares, compared to its average volume of 29,690. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.73 and a 52-week high of $26.21. The firm’s 50-day moving average is $25.05 and its 200-day moving average is $25.27.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.0659 dividend. The ex-dividend date was Monday, February 24th.

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.