Short Interest in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Increases By 46.1%

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 45,084 shares, an increase of 46.1% from the November 30th total of 30,849 shares. Based on an average daily volume of 40,741 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 40,741 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Confluence Investment Management LLC raised its position in Invesco BulletShares 2034 Municipal Bond ETF by 2,611.1% during the third quarter. Confluence Investment Management LLC now owns 340,971 shares of the company’s stock valued at $8,296,000 after acquiring an additional 328,394 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 4.8% in the 3rd quarter. Raymond James Financial Inc. now owns 262,979 shares of the company’s stock valued at $6,398,000 after purchasing an additional 11,940 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the first quarter worth $2,478,000. D.A. Davidson & CO. increased its position in Invesco BulletShares 2034 Municipal Bond ETF by 27.2% during the third quarter. D.A. Davidson & CO. now owns 82,208 shares of the company’s stock worth $2,000,000 after buying an additional 17,586 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 17.4% during the first quarter. Invesco Ltd. now owns 76,805 shares of the company’s stock valued at $1,846,000 after buying an additional 11,367 shares in the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Stock Up 0.0%

BSMY stock traded up $0.01 during midday trading on Wednesday, reaching $24.61. The company had a trading volume of 7,873 shares, compared to its average volume of 18,684. The company has a 50 day moving average of $24.63 and a two-hundred day moving average of $24.16. Invesco BulletShares 2034 Municipal Bond ETF has a 1 year low of $22.61 and a 1 year high of $24.95.

Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.0735 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.