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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 15,300 shares, an increase of 255.8% from the August 31st total of 4,300 shares. Based on an average trading volume of 28,200 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2031 Municipal Bond ETF Stock Up 0.3 %

NASDAQ BSMV traded up $0.06 during trading on Friday, hitting $21.34. 5,375 shares of the company’s stock were exchanged, compared to its average volume of 20,541. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $19.68 and a fifty-two week high of $21.73. The stock’s 50 day moving average price is $21.22 and its two-hundred day moving average price is $21.14.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BSMV. Farmers National Bank raised its stake in Invesco BulletShares 2031 Municipal Bond ETF by 6.7% during the second quarter. Farmers National Bank now owns 41,049 shares of the company’s stock worth $860,000 after buying an additional 2,586 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 22.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock valued at $223,000 after purchasing an additional 1,982 shares during the period. Asset Dedication LLC boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 14.5% during the 2nd quarter. Asset Dedication LLC now owns 12,445 shares of the company’s stock valued at $261,000 after purchasing an additional 1,577 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 6.8% during the second quarter. Commonwealth Equity Services LLC now owns 29,501 shares of the company’s stock worth $618,000 after purchasing an additional 1,870 shares during the period. Finally, Key Financial Inc increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 29.4% in the second quarter. Key Financial Inc now owns 114,364 shares of the company’s stock worth $2,397,000 after purchasing an additional 25,975 shares in 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.