Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Grows By 268.9%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 52,027 shares, an increase of 268.9% from the December 31st total of 14,104 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 28,263 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 28,263 shares, the short-interest ratio is currently 1.8 days. Currently, 0.9% of the company’s stock are short sold.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of BSMW opened at $25.31 on Wednesday. The firm has a 50-day moving average of $25.18 and a 200-day moving average of $24.93. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $22.90 and a one year high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.0659 per share. This represents a c) dividend on an annualized basis and a yield of 3.1%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BSMW. Jane Street Group LLC increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the 2nd quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock worth $3,753,000 after acquiring an additional 82,134 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter valued at $1,991,000. Elequin Capital LP acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter valued at $1,796,000. Stratos Wealth Advisors LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 191.5% in the second quarter. Stratos Wealth Advisors LLC now owns 96,218 shares of the company’s stock valued at $2,355,000 after purchasing an additional 63,205 shares during the period. Finally, Confluence Investment Management LLC lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 108.9% during the 4th quarter. Confluence Investment Management LLC now owns 109,012 shares of the company’s stock worth $2,737,000 after buying an additional 56,826 shares during the last quarter.

About Invesco BulletShares 2032 Municipal Bond ETF

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.