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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 80,510 shares, a decline of 33.0% from the August 15th total of 120,208 shares. Based on an average daily volume of 41,439 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.9% of the company’s shares are sold short.

Invesco BulletShares 2031 Municipal Bond ETF Stock Down 0.0%

Shares of BSMV stock opened at $20.31 on Thursday. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $20.27 and a fifty-two week high of $21.53. The firm’s 50 day moving average price is $20.73 and its two-hundred day moving average price is $20.91.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0548 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, August 24th.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Anchor Investment Management LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the second quarter valued at $115,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the first quarter worth $140,000. Harbour Investments Inc. raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after acquiring an additional 472 shares in the last quarter. Cookson Peirce & Co. Inc. bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter valued at $211,000. Finally, World Investment Advisors bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 1st quarter valued at $238,000.

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.