Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Rises By 43.3%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 4,300 shares, an increase of 43.3% from the August 15th total of 3,000 shares. Based on an average daily volume of 27,700 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.2 %

Shares of NASDAQ:BSMV traded up $0.04 during midday trading on Friday, reaching $21.34. 3,946 shares of the company’s stock traded hands, compared to its average volume of 20,683. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $19.68 and a one year high of $21.73. The stock has a 50 day moving average of $21.18 and a 200 day moving average of $21.15.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.0556 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date was Monday, June 24th. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Large investors have recently made changes to their positions in the stock. Confluence Investment Management LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter worth $6,089,000. Envision Financial Planning LLC boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 9.5% in the first quarter. Envision Financial Planning LLC now owns 183,976 shares of the company’s stock worth $3,921,000 after purchasing an additional 15,984 shares during the last quarter. Key Financial Inc grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 29.4% during the 2nd quarter. Key Financial Inc now owns 114,364 shares of the company’s stock valued at $2,397,000 after purchasing an additional 25,975 shares during the period. Precedent Wealth Partners LLC grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 18.3% during the 2nd quarter. Precedent Wealth Partners LLC now owns 57,612 shares of the company’s stock valued at $1,208,000 after purchasing an additional 8,932 shares during the period. Finally, Sterling Financial Group Inc. increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 55.8% during the 1st quarter. Sterling Financial Group Inc. now owns 47,790 shares of the company’s stock valued at $1,018,000 after purchasing an additional 17,118 shares during the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.