Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Stock Short Interest Declines 38.1%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Get Free Report) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 49,866 shares, a decline of 38.1% from the August 31st total of 80,510 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 106,476 shares, the short-interest ratio is presently 0.5 days.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.3%

BSMV stock opened at $19.95 on Thursday. The company’s 50 day simple moving average is $20.56 and its 200-day simple moving average is $20.83. Invesco BulletShares 2031 Municipal Bond ETF has a 12 month low of $19.67 and a 12 month high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0508 dividend. This is a negative change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.0548. The ex-dividend date was Monday, September 21st. This represents a $0.61 dividend on an annualized basis and a yield of 3.1%.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% during the 4th quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock worth $201,000 after acquiring an additional 472 shares during the period. Farmers National Bank grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 1.3% during the 1st quarter. Farmers National Bank now owns 56,390 shares of the company’s stock valued at $1,177,000 after purchasing an additional 703 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 0.9% during the first quarter. Kestra Advisory Services LLC now owns 91,240 shares of the company’s stock worth $1,905,000 after acquiring an additional 856 shares during the last quarter. Royal Bank of Canada boosted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 11.3% during the 1st quarter. Royal Bank of Canada now owns 20,785 shares of the company’s stock valued at $434,000 after acquiring an additional 2,109 shares during the last quarter. Finally, Envision Financial Planning LLC grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 3.6% in the first quarter. Envision Financial Planning LLC now owns 110,258 shares of the company’s stock worth $2,302,000 after purchasing an additional 3,840 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

(Get Free Report)

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.

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