Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Up 405.5% in April
by Jessica Moore · The Cerbat GemInvesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 17,401 shares, a growth of 405.5% from the March 31st total of 3,442 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 37,794 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of BSMV. NewEdge Advisors LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 1st quarter worth $54,000. JPMorgan Chase & Co. acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth $56,000. Farther Finance Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth about $135,000. First Command Advisory Services Inc. boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 16.2% during the 3rd quarter. First Command Advisory Services Inc. now owns 6,711 shares of the company’s stock worth $141,000 after acquiring an additional 936 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth about $141,000.
Invesco BulletShares 2031 Municipal Bond ETF Stock Performance
BSMV stock opened at $21.04 on Monday. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $20.31 and a 12-month high of $21.53. The business’s fifty day moving average price is $21.13 and its 200 day moving average price is $21.16.
Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were issued a $0.0512 dividend. The ex-dividend date was Monday, April 20th. This represents a c) annualized dividend and a dividend yield of 2.9%. This is a boost from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05.
About Invesco BulletShares 2031 Municipal Bond ETF
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.