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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 120,208 shares, an increase of 129.3% from the July 30th total of 52,424 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 37,567 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSMV. Hills Bank & Trust Co lifted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 242.5% during the 4th quarter. Hills Bank & Trust Co now owns 441,580 shares of the company’s stock valued at $9,333,000 after buying an additional 312,658 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 527.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 317,976 shares of the company’s stock worth $6,720,000 after buying an additional 267,318 shares in the last quarter. HighTower Advisors LLC increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 215.7% in the 4th quarter. HighTower Advisors LLC now owns 220,511 shares of the company’s stock worth $4,660,000 after buying an additional 150,658 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 104.5% in the third quarter. Lido Advisors LLC now owns 176,900 shares of the company’s stock valued at $3,717,000 after acquiring an additional 90,400 shares in the last quarter. Finally, Coastline Complete Wealth LLC boosted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 492.2% in the first quarter. Coastline Complete Wealth LLC now owns 71,823 shares of the company’s stock worth $1,500,000 after acquiring an additional 59,695 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Trading Down 0.1%

Invesco BulletShares 2031 Municipal Bond ETF stock traded down $0.02 during midday trading on Friday, hitting $20.72. The stock had a trading volume of 28,469 shares, compared to its average volume of 42,308. The firm’s fifty day moving average is $20.86 and its two-hundred day moving average is $21.00. Invesco BulletShares 2031 Municipal Bond ETF has a 52-week low of $20.63 and a 52-week high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be given a $0.0548 dividend. The ex-dividend date is Monday, August 24th. 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 3.2%.

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.