Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Up 50.0% in June

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 24,000 shares, a growth of 50.0% from the May 31st total of 16,000 shares. Based on an average daily volume of 42,000 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSMQ. Confluence Investment Management LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at approximately $5,540,000. OneAscent Financial Services LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at approximately $2,973,000. CreativeOne Wealth LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at approximately $1,885,000. Precedent Wealth Partners LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at approximately $823,000. Finally, Cornerstone Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at approximately $815,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

NASDAQ BSMQ traded up $0.01 during trading on Friday, reaching $23.50. The company’s stock had a trading volume of 26,781 shares, compared to its average volume of 43,564. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $22.81 and a 12 month high of $23.81. The firm has a 50 day moving average price of $23.47 and a 200 day moving average price of $23.58.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a $0.055 dividend. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.66 annualized dividend and a dividend yield of 2.81%.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.