Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 5,045 shares, a drop of 64.3% from the July 30th total of 14,123 shares. Based on an average daily trading volume, of 22,527 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.
Hedge Funds Weigh In On Invesco BulletShares 2034 Municipal Bond ETF
Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% during the 2nd quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock valued at $5,954,000 after purchasing an additional 236,180 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the fourth quarter worth approximately $3,360,000. Jane Street Group LLC bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the first quarter valued at approximately $2,478,000. Hills Bank & Trust Co boosted its position in shares of 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 acquiring an additional 72,003 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of 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 valued at $2,814,000 after acquiring an additional 57,159 shares during the period.
Invesco BulletShares 2034 Municipal Bond ETF Stock Performance
BSMY traded down $0.04 during trading on Friday, hitting $23.89. The stock had a trading volume of 10,986 shares, compared to its average volume of 25,321. Invesco BulletShares 2034 Municipal Bond ETF has a 12 month low of $23.60 and a 12 month high of $25.02. The company has a 50 day simple moving average of $24.28 and a 200-day simple moving average of $24.46.
Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend
Invesco BulletShares 2034 Municipal Bond ETF Company Profile
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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