Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Stock Short Interest Report for October

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 14,753 shares, a decrease of 77.3% from the October 15th total of 65,043 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 44,179 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Confluence Investment Management LLC bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter valued at about $5,638,000. D.A. Davidson & CO. bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 3rd quarter worth approximately $2,333,000. Wedmont Private Capital bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 2nd quarter worth approximately $599,000. Bank of America Corp DE boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 97.1% in the first quarter. Bank of America Corp DE now owns 116,015 shares of the company’s stock worth $2,814,000 after buying an additional 57,159 shares in the last quarter. Finally, Lido Advisors LLC purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the third quarter worth approximately $19,097,000.

Invesco BulletShares 2034 Municipal Bond ETF Stock Performance

Invesco BulletShares 2034 Municipal Bond ETF stock opened at $23.84 on Thursday. The firm’s fifty day moving average price is $23.29 and its 200-day moving average price is $24.17. Invesco BulletShares 2034 Municipal Bond ETF has a fifty-two week low of $22.40 and a fifty-two week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a $0.0723 dividend. This represents a $0.87 annualized dividend and a yield of 3.6%. This is a drop from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.0741. The ex-dividend date was Monday, October 19th.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.