Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Sees Significant Growth in Short Interest

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 21,900 shares, an increase of 508.3% from the October 15th total of 3,600 shares. Based on an average trading volume of 14,100 shares, the days-to-cover ratio is currently 1.6 days.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.2 %

Shares of Invesco BulletShares 2032 Municipal Bond ETF stock traded up $0.05 on Thursday, hitting $25.31. 185,430 shares of the company traded hands, compared to its average volume of 14,744. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $24.50 and a 12-month high of $26.13. The company has a 50-day moving average price of $25.43 and a 200 day moving average price of $25.36.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 42.6% during the third quarter. Atlantic Union Bankshares Corp now owns 159,528 shares of the company’s stock valued at $4,089,000 after purchasing an additional 47,665 shares during the last quarter. Precedent Wealth Partners LLC raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 368.1% in the 3rd quarter. Precedent Wealth Partners LLC now owns 59,781 shares of the company’s stock worth $1,532,000 after acquiring an additional 47,010 shares during the period. Key Financial Inc lifted its position in Invesco BulletShares 2032 Municipal Bond ETF by 179.7% during the 2nd quarter. Key Financial Inc now owns 30,933 shares of the company’s stock worth $780,000 after acquiring an additional 19,873 shares during the last quarter. MONECO Advisors LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at about $278,000. Finally, Sterling Financial Group Inc. increased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 20.2% in the third quarter. Sterling Financial Group Inc. now owns 59,611 shares of the company’s stock worth $1,528,000 after purchasing an additional 10,000 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.