Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Growth in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 14,400 shares, a growth of 8.3% from the September 15th total of 13,300 shares. Based on an average daily trading volume, of 14,600 shares, the days-to-cover ratio is presently 1.0 days.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ:BSMW traded up $0.04 during trading hours on Tuesday, reaching $25.43. 18,852 shares of the company were exchanged, compared to its average volume of 14,349. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $23.46 and a twelve month high of $26.13. The stock’s 50-day moving average is $25.54 and its 200-day moving average is $25.36.

Institutional Inflows and Outflows

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

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.