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 increase in short interest in January. As of January 15th, there was short interest totalling 31,900 shares, an increase of 32.9% from the December 31st total of 24,000 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 1.5 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of BSMW traded up $0.00 during trading on Thursday, reaching $25.04. The company’s stock had a trading volume of 13,966 shares, compared to its average volume of 26,203. The company has a fifty day moving average of $25.17 and a two-hundred day moving average of $25.34. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $24.73 and a twelve month high of $26.02.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.0666 per share. The ex-dividend date was Tuesday, January 21st.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Asset Dedication LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 17.0% during the 3rd quarter. Asset Dedication LLC now owns 3,879 shares of the company’s stock valued at $99,000 after acquiring an additional 565 shares in the last quarter. Global Financial Private Client LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter worth $99,000. Principal Securities Inc. acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter worth $99,000. Crews Bank & Trust acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter worth $197,000. Finally, Hobbs Group Advisors LLC increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 28.2% in the third quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock worth $199,000 after buying an additional 1,713 shares during the period.

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.