Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Down 22.2% in January

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 13,700 shares, a decrease of 22.2% from the January 15th total of 17,600 shares. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Avior Wealth Management LLC grew its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 929.7% during the 4th quarter. Avior Wealth Management LLC now owns 118,554 shares of the company’s stock worth $2,481,000 after purchasing an additional 107,041 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter worth about $2,091,000. LPL Financial LLC lifted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 42.3% in the 4th quarter. LPL Financial LLC now owns 270,291 shares of the company’s stock worth $5,657,000 after buying an additional 80,300 shares in the last quarter. HighTower Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter valued at approximately $1,278,000. Finally, Lido Advisors LLC bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 4th quarter worth about $1,030,000.

Invesco BulletShares 2031 Municipal Bond ETF Stock Up 0.2 %

BSMV stock traded up $0.04 during trading on Monday, reaching $21.00. The company had a trading volume of 35,925 shares, compared to its average volume of 36,638. The firm has a 50-day simple moving average of $20.97 and a 200-day simple moving average of $21.11. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.69 and a twelve month high of $21.59.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a $0.0504 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05.

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.