Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 25.7% in September

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 13,300 shares, a drop of 25.7% from the August 31st total of 17,900 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is presently 0.9 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Invesco BulletShares 2032 Municipal Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $25.63. The company’s stock had a trading volume of 2,579 shares, compared to its average volume of 14,797. The business has a 50 day moving average price of $25.51 and a 200-day moving average price of $25.37. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $23.46 and a 12 month high of $26.13.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSMW. Asset Dedication LLC boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 30.0% during the second quarter. Asset Dedication LLC now owns 3,314 shares of the company’s stock valued at $84,000 after purchasing an additional 765 shares during the period. Comerica Bank grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 283.9% in the 1st quarter. Comerica Bank now owns 3,904 shares of the company’s stock worth $100,000 after acquiring an additional 2,887 shares during the last quarter. First Command Advisory Services Inc. increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 129.0% in the second quarter. First Command Advisory Services Inc. now owns 4,067 shares of the company’s stock valued at $103,000 after acquiring an additional 2,291 shares during the period. Hobbs Group Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the second quarter valued at about $153,000. Finally, Bill Few Associates Inc. boosted its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 50.5% during the second quarter. Bill Few Associates Inc. now owns 11,825 shares of the company’s stock worth $298,000 after purchasing an additional 3,970 shares during the period.

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.