Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 51.2% in November

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) saw a large growth in short interest in 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 volume of 20,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 82.2% in the second quarter. First Command Advisory Services Inc. now owns 3,887 shares of the company’s stock valued at $81,000 after acquiring an additional 1,754 shares during the period. Hobbs Group Advisors LLC bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 2nd quarter valued at about $152,000. Bill Few Associates Inc. acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the second quarter valued at about $201,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 22.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock worth $223,000 after buying an additional 1,982 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the third quarter worth about $245,000.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.3 %

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

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

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

About Invesco BulletShares 2031 Municipal Bond ETF

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.