Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 169.5% in January

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 32,440 shares, an increase of 169.5% from the December 31st total of 12,038 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 37,527 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 37,527 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the company’s stock are sold short.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of BSMV opened at $21.27 on Friday. The company has a 50 day moving average of $21.17 and a two-hundred day moving average of $21.01. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $19.74 and a twelve month high of $21.33.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.0474 dividend. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, January 20th.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Central Valley Advisors LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at $3,951,000. Lido Advisors LLC grew its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 104.5% during the third quarter. Lido Advisors LLC now owns 176,900 shares of the company’s stock worth $3,717,000 after buying an additional 90,400 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 139.1% during the second quarter. Jane Street Group LLC now owns 92,818 shares of the company’s stock worth $1,914,000 after purchasing an additional 53,994 shares during the period. Hills Bank & Trust Co purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 2nd quarter valued at $1,042,000. Finally, UBS Group AG raised its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 28.7% during the 4th quarter. UBS Group AG now owns 184,341 shares of the company’s stock worth $3,896,000 after buying an additional 41,119 shares in the last quarter.

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.