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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,200 shares, a growth of 51.2% from the October 31st total of 4,100 shares. Based on an average daily trading volume, of 20,100 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Invesco BulletShares 2031 Municipal Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $21.24. The company had a trading volume of 8,873 shares, compared to its average volume of 21,024. Invesco BulletShares 2031 Municipal Bond ETF has a 1 year low of $20.69 and a 1 year high of $21.73. The business has a fifty day moving average of $21.14 and a 200 day moving average of $21.12.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were given a dividend of $0.0545 per share. The ex-dividend date was Monday, November 18th.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of BSMV. HighTower Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth approximately $1,278,000. Key Financial Inc grew its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 29.4% during the second quarter. Key Financial Inc now owns 114,364 shares of the company’s stock worth $2,397,000 after acquiring an additional 25,975 shares during the last quarter. MONECO Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth approximately $513,000. Precedent Wealth Partners LLC grew its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 23.3% during the third quarter. Precedent Wealth Partners LLC now owns 71,031 shares of the company’s stock worth $1,513,000 after acquiring an additional 13,419 shares during the last quarter. Finally, Avior Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth $245,000.

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.