Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Update

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 14,300 shares, a decrease of 69.9% from the June 30th total of 47,500 shares. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

BSMV stock remained flat at $21.08 during midday trading on Friday. 47,941 shares of the company’s stock were exchanged, compared to its average volume of 19,344. The stock’s 50 day moving average price is $21.02 and its 200-day moving average price is $21.21. Invesco BulletShares 2031 Municipal Bond ETF has a 1 year low of $19.68 and a 1 year high of $21.73.

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 given a $0.0556 dividend. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.67 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in BSMV. Confluence Investment Management LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the first quarter valued at about $6,089,000. Precedent Wealth Partners LLC bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter worth approximately $814,000. Sterling Financial Group Inc. grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 55.8% during the first 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 period. Envision Financial Planning LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 9.5% during the first quarter. Envision Financial Planning LLC now owns 183,976 shares of the company’s stock valued at $3,921,000 after purchasing an additional 15,984 shares during the period. Finally, Beacon Pointe Advisors LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the fourth quarter valued at approximately $332,000.

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.