Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Rises By 32.9%

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 totalling 31,900 shares, a growth of 32.9% from the December 31st total of 24,000 shares. Based on an average daily trading volume, of 21,500 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMW. Atlantic Union Bankshares Corp grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 42.6% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 159,528 shares of the company’s stock worth $4,089,000 after purchasing an additional 47,665 shares during the period. Precedent Wealth Partners LLC boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 368.1% in the 3rd quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock worth $1,532,000 after acquiring an additional 47,010 shares during the period. HighTower Advisors LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter worth approximately $733,000. CGN Advisors LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth approximately $575,000. Finally, Sterling Financial Group Inc. boosted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 35.1% in the 4th quarter. Sterling Financial Group Inc. now owns 80,544 shares of the company’s stock worth $2,021,000 after acquiring an additional 20,933 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.0 %

Shares of NASDAQ:BSMW traded up $0.00 during trading on Thursday, reaching $25.04. 13,966 shares of the stock were exchanged, compared to its average volume of 26,203. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $24.73 and a 12-month high of $26.02. The firm’s 50-day moving average price is $25.17 and its 200 day moving average price is $25.34.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders 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.