Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ: BSMV - Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 46,021 shares, an increase of 78.2% from the February 12th total of 25,827 shares. Currently, 0.6% of the company's stock
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 9,517 | $200,013.53 | $199,285.98 | -$727.55 | -0.36% |
David Hunter Horizons Wealth Management | 12,605 | $266,280.68 | $263,885.67 | -$2,395.01 | -0.9% |
| EFP Envision Financial Planning LLC Envision Financial Planning LLC | 110,258 | $2.32M | $2.31M | -$11,860.44 | -0.51% |
Alexandra Stickelman Root Financial Partners, LLC | 159 | $3,320 | $3,330.25 | $10.25 | 0.31% |
Berkeley Harrison Sterling Financial Group, Inc. | 36,270 | $761,675.28 | $759,675.15 | -$2,000.13 | -0.26% |
| NASDAQ (NMS) Exchange | US Country |
The described entity appears to be a specialized investment fund focusing on the U.S. municipal bond market, particularly investment-grade municipal bonds maturing or deemed to mature in the year 2031. This fund dedicates at least 80% of its total assets to securities within its target index, aiming to provide investors with exposure to 2031 Bonds. By concentrating on a specific maturity year, the fund offers a unique approach to investing in municipal bonds, which may appeal to investors seeking income or portfolio diversification with a precise investment horizon in mind. Additionally, the fund's non-diversified status indicates a focus on a narrower range of securities compared to diversified funds, potentially offering higher returns at the cost of higher risk.
The primary product offered by the fund is the investment in U.S. dollar-denominated investment-grade municipal bonds with maturities in 2031. This product is carefully curated to match the fund's strategy and objectives, targeting specific bonds that offer a blend of safety, owing to their investment-grade status, and potential for predictable income streams.