Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 21,900 shares, an increase of 508.3% from the October 15th total of 3,600 shares. Based on an average daily trading volume, of 14,100 shares, the days-to-cover ratio is currently 1.6 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

BSMW traded up $0.04 during trading on Tuesday, hitting $25.30. 8,976 shares of the company’s stock traded hands, compared to its average volume of 14,001. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $24.28 and a 12-month high of $26.13. The company’s 50 day simple moving average is $25.44 and its two-hundred day simple moving average is $25.36.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Precedent Wealth Partners LLC boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 368.1% during the 3rd quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock worth $1,532,000 after purchasing an additional 47,010 shares during the period. Atlantic Union Bankshares Corp increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 25.3% during the second quarter. Atlantic Union Bankshares Corp now owns 111,863 shares of the company’s stock worth $2,820,000 after purchasing an additional 22,605 shares during the last quarter. Key Financial Inc grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 179.7% during the 2nd quarter. Key Financial Inc now owns 30,933 shares of the company’s stock valued at $780,000 after purchasing an additional 19,873 shares in the last quarter. MONECO Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter worth about $278,000. Finally, Sterling Financial Group Inc. grew its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 20.2% in the 3rd quarter. Sterling Financial Group Inc. now owns 59,611 shares of the company’s stock worth $1,528,000 after purchasing an additional 10,000 shares during the last quarter.

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.