Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Sees Large Increase in Short Interest

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 45,084 shares, an increase of 46.1% from the November 30th total of 30,849 shares. Based on an average daily volume of 40,741 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.5% of the company’s shares are short sold. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 40,741 shares, the days-to-cover ratio is presently 1.1 days.

Invesco BulletShares 2034 Municipal Bond ETF Stock Up 0.1%

Shares of NASDAQ BSMY opened at $24.60 on Tuesday. Invesco BulletShares 2034 Municipal Bond ETF has a twelve month low of $22.61 and a twelve month high of $24.95. The business has a fifty day simple moving average of $24.63 and a two-hundred day simple moving average of $24.15.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.0735 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. raised its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after purchasing an additional 720 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 88.5% during the second quarter. First Command Advisory Services Inc. now owns 3,932 shares of the company’s stock valued at $93,000 after purchasing an additional 1,846 shares in the last quarter. Key Financial Inc purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the third quarter valued at approximately $115,000. Northwestern Mutual Wealth Management Co. bought a new position in Invesco BulletShares 2034 Municipal Bond ETF in the first quarter worth approximately $134,000. Finally, ORG Partners LLC purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the third quarter worth $141,000.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.