Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Decline in Short Interest

by · The Markets Daily

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 32,575 shares, a decrease of 17.9% from the November 30th total of 39,658 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 48,852 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 48,852 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. First Command Advisory Services Inc. lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 23.9% in the second quarter. First Command Advisory Services Inc. now owns 5,235 shares of the company’s stock worth $128,000 after purchasing an additional 1,009 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at about $134,000. ORG Partners LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth about $141,000. United Capital Financial Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at about $236,000. Finally, IFG Advisory LLC purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter valued at about $239,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ:BSMW opened at $25.11 on Friday. The business has a 50 day moving average of $25.14 and a 200 day moving average of $24.82. Invesco BulletShares 2032 Municipal Bond ETF has a 1-year low of $22.90 and a 1-year high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.0633 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, December 22nd.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

(Get Free Report)

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.

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