Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Drop in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 19,591 shares, a decrease of 65.5% from the May 14th total of 56,769 shares. Based on an average daily volume of 30,324 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in Invesco BulletShares 2032 Municipal Bond ETF during the first quarter worth $72,000. Ascentis Independent Advisors purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at $140,000. Cookson Peirce & Co. Inc. purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the fourth quarter valued at $210,000. Independent Financial Group LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the first quarter valued at $224,000. Finally, United Capital Financial Advisors LLC purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF in the third quarter valued at $236,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ:BSMW opened at $25.08 on Thursday. The stock’s fifty day moving average is $25.01 and its two-hundred day moving average is $25.15. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $24.15 and a 52 week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.062 per share. The ex-dividend date was Monday, May 18th.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.