Short Interest in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Declines By 73.1%

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 11,288 shares, a decline of 73.1% from the June 15th total of 41,890 shares. Based on an average daily trading volume, of 14,993 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Large investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at $40,000. Osaic Holdings Inc. boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 44.4% during the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after purchasing an additional 720 shares during the last quarter. IFP Advisors Inc acquired a new stake in Invesco BulletShares 2034 Municipal Bond ETF during the 4th quarter worth $86,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the first quarter worth $141,000. Finally, Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% during the fourth quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock worth $197,000 after buying an additional 1,331 shares in the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

NASDAQ:BSMY traded up $0.01 during trading hours on Friday, hitting $24.57. 13,828 shares of the stock were exchanged, compared to its average volume of 25,543. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $23.41 and a 52-week high of $25.02. The firm’s fifty day moving average price is $24.51 and its 200 day moving average price is $24.60.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.0729 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, June 22nd.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

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.