Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Rises By 78.9%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 31,300 shares, a growth of 78.9% from the September 15th total of 17,500 shares. Based on an average daily volume of 49,400 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Shares of BSMQ stock traded up $0.02 on Friday, reaching $23.65. 79,458 shares of the company’s stock were exchanged, compared to its average volume of 46,263. Invesco BulletShares 2026 Municipal Bond ETF has a 52 week low of $22.81 and a 52 week high of $23.81. The company’s fifty day simple moving average is $23.67 and its 200 day simple moving average is $23.56.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.054 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.65 annualized dividend and a yield of 2.74%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. First Command Advisory Services Inc. purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at $46,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter valued at $62,000. Comerica Bank grew its stake in Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% during the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock worth $200,000 after buying an additional 7,748 shares during the last quarter. Webster Bank N. A. grew its stake in Invesco BulletShares 2026 Municipal Bond ETF by 21.3% during the 1st quarter. Webster Bank N. A. now owns 8,810 shares of the company’s stock worth $208,000 after buying an additional 1,545 shares during the last quarter. Finally, MONECO Advisors LLC purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter worth $212,000.

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.