Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Down 52.9% in July

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMYGet Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 14,123 shares, a decrease of 52.9% from the July 15th total of 29,975 shares. Based on an average daily volume of 27,131 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. boosted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% in the second quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock valued at $5,954,000 after acquiring an additional 236,180 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the fourth quarter valued at $3,360,000. Jane Street Group LLC acquired a new position in Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter worth $2,478,000. Hills Bank & Trust Co boosted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 211.8% in the fourth quarter. Hills Bank & Trust Co now owns 105,994 shares of the company’s stock valued at $2,605,000 after purchasing an additional 72,003 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 97.1% during the 1st quarter. Bank of America Corp DE now owns 116,015 shares of the company’s stock valued at $2,814,000 after buying an additional 57,159 shares during the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

NASDAQ:BSMY traded down $0.07 during trading hours on Monday, reaching $24.10. 4,267 shares of the company traded hands, compared to its average volume of 25,249. Invesco BulletShares 2034 Municipal Bond ETF has a 1-year low of $23.55 and a 1-year high of $25.02. The firm’s 50-day moving average is $24.40 and its 200-day moving average is $24.51.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0754 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a positive change from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, July 20th.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

(Get Free Report)

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.

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