Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Sees Significant Growth in Short Interest

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 41,890 shares, an increase of 321.7% from the May 31st total of 9,934 shares. Based on an average daily trading volume, of 14,697 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.8% of the company’s stock are short sold.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMY opened at $24.62 on Monday. The business has a 50-day simple moving average of $24.50 and a two-hundred day simple moving average of $24.59. Invesco BulletShares 2034 Municipal Bond ETF has a fifty-two week low of $23.41 and a fifty-two week high of $25.02.

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Invesco BulletShares 2034 Municipal Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0729 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2034 Municipal Bond ETF

Several large investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in Invesco BulletShares 2034 Municipal Bond ETF during the 1st quarter valued at approximately $40,000. Osaic Holdings Inc. lifted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% during the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after buying an additional 720 shares during the period. IFP Advisors Inc acquired a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the fourth quarter worth $86,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the first quarter valued at $141,000. Finally, Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 19.9% during the fourth quarter. Royal Bank of Canada now owns 8,022 shares of the company’s stock valued at $197,000 after buying an additional 1,331 shares during the last quarter.

About Invesco BulletShares 2034 Municipal Bond ETF

(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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