Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Drops By 17.9%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 9,600 shares, a drop of 17.9% from the January 15th total of 11,700 shares. Based on an average trading volume of 28,300 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several large investors have recently modified their holdings of the stock. Toronto Dominion Bank bought a new position in Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter valued at $1,613,000. Citadel Advisors LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at $715,000. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 4.6% during the 4th quarter. Bank of America Corp DE now owns 109,617 shares of the company’s stock worth $2,750,000 after acquiring an additional 4,797 shares during the period. Jane Street Group LLC increased its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 24.2% in the 4th quarter. Jane Street Group LLC now owns 84,909 shares of the company’s stock worth $2,130,000 after acquiring an additional 16,527 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Invesco BulletShares 2032 Municipal Bond ETF by 181.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 37,053 shares of the company’s stock valued at $930,000 after acquiring an additional 23,897 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMW traded up $0.06 during midday trading on Monday, reaching $25.06. The company had a trading volume of 16,251 shares, compared to its average volume of 28,645. The company’s 50 day moving average price is $25.07 and its 200 day moving average price is $25.32. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.73 and a 52-week high of $25.90.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.0666 per share. The ex-dividend date was Tuesday, January 21st.

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.