Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Stock Short Interest Report for October

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 17,019 shares, a decrease of 66.9% from the September 30th total of 51,461 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 135,139 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Confluence Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the third quarter worth $5,574,000. Precedent Wealth Partners LLC grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 12.7% in the 3rd quarter. Precedent Wealth Partners LLC now owns 243,388 shares of the company’s stock valued at $4,841,000 after buying an additional 27,358 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 27.8% in the 1st quarter. Bank of America Corp DE now owns 233,434 shares of the company’s stock valued at $4,874,000 after buying an additional 50,753 shares during the last quarter. Avior Wealth Management LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at $3,157,000. Finally, Envestnet Asset Management Inc. raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 147,684 shares of the company’s stock worth $3,099,000 after acquiring an additional 6,048 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.3%

Invesco BulletShares 2031 Municipal Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $20.44. 30,991 shares of the company’s stock were exchanged, compared to its average volume of 56,764. Invesco BulletShares 2031 Municipal Bond ETF has a 1-year low of $19.67 and a 1-year high of $21.53. The stock has a 50 day moving average of $20.29 and a two-hundred day moving average of $20.85.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a dividend of $0.0505 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.0%. This is a negative change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.0508.

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.