Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Up 32.9% in January

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

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of BSMW stock traded up $0.01 during midday trading on Friday, hitting $25.06. 17,032 shares of the company were exchanged, compared to its average volume of 25,742. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $24.73 and a 52 week high of $26.02. The firm’s 50 day moving average price is $25.16 and its two-hundred day moving average price is $25.33.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.0666 dividend. The ex-dividend date was Tuesday, January 21st.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMW. Confluence Investment Management LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 3.5% in the 4th quarter. Confluence Investment Management LLC now owns 12,184 shares of the company’s stock worth $306,000 after purchasing an additional 416 shares in the last quarter. Asset Dedication LLC increased its holdings 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 worth $99,000 after purchasing an additional 565 shares during the period. Addison Advisors LLC raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 4.2% in the third quarter. Addison Advisors LLC now owns 19,580 shares of the company’s stock valued at $502,000 after buying an additional 781 shares in the last quarter. Hobbs Group Advisors LLC boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 28.2% in the third quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock valued at $199,000 after buying an additional 1,713 shares during the period. Finally, Stratos Wealth Advisors LLC grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 10.0% during the third quarter. Stratos Wealth Advisors LLC now owns 22,422 shares of the company’s stock worth $575,000 after buying an additional 2,031 shares in the last quarter.

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.