Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Update

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 40,563 shares, an increase of 176.5% from the May 14th total of 14,668 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 50,398 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% during the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock worth $201,000 after acquiring an additional 472 shares during the last quarter. Farmers National Bank increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 1.3% in the first quarter. Farmers National Bank now owns 56,390 shares of the company’s stock valued at $1,177,000 after purchasing an additional 703 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 0.9% in the first quarter. Kestra Advisory Services LLC now owns 91,240 shares of the company’s stock valued at $1,905,000 after purchasing an additional 856 shares during the last quarter. VestGen Advisors LLC increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 2.3% in the fourth quarter. VestGen Advisors LLC now owns 39,582 shares of the company’s stock valued at $837,000 after purchasing an additional 895 shares during the last quarter. Finally, Clark Asset Management LLC increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 1.7% in the fourth quarter. Clark Asset Management LLC now owns 67,587 shares of the company’s stock valued at $1,428,000 after purchasing an additional 1,106 shares during the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Invesco BulletShares 2031 Municipal Bond ETF stock traded down $0.03 on Friday, reaching $21.00. The company’s stock had a trading volume of 20,500 shares, compared to its average volume of 43,413. The business’s fifty day moving average price is $20.98 and its 200 day moving average price is $21.12. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.48 and a twelve month high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a dividend of $0.0529 per share. The ex-dividend date was Monday, May 18th. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%.

About Invesco BulletShares 2031 Municipal Bond ETF

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.