Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Large Growth in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 31,900 shares, a growth of 32.9% from the December 15th total of 24,000 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 1.5 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Invesco BulletShares 2032 Municipal Bond ETF stock opened at $24.94 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $24.73 and a twelve month high of $26.02. The stock’s 50 day moving average is $25.22 and its 200 day moving average is $25.36.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.069 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSMW. Asset Dedication LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 17.0% during the third quarter. Asset Dedication LLC now owns 3,879 shares of the company’s stock valued at $99,000 after acquiring an additional 565 shares in the last quarter. Global Financial Private Client LLC purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at $99,000. Hobbs Group Advisors LLC increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 28.2% in the 3rd quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock worth $199,000 after purchasing an additional 1,713 shares in the last quarter. Avior Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth $238,000. Finally, MONECO Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at $278,000.

About Invesco BulletShares 2032 Municipal Bond ETF

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.