Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 14,200 shares, a drop of 30.4% from the November 15th total of 20,400 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSMU. First Command Advisory Services Inc. grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 82.1% during the 2nd quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock worth $82,000 after purchasing an additional 1,689 shares in the last quarter. Horizons Wealth Management increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 23.4% in the 2nd quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock valued at $145,000 after buying an additional 1,250 shares during the period. Arlington Capital Management Inc. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter valued at approximately $204,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 25.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock worth $219,000 after acquiring an additional 2,047 shares during the period. Finally, D.A. Davidson & CO. boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after acquiring an additional 650 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ BSMU traded down $0.05 on Friday, reaching $21.98. The stock had a trading volume of 7,587 shares, compared to its average volume of 30,583. The firm has a fifty day moving average of $21.95 and a two-hundred day moving average of $21.96. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.51 and a 1-year high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0539 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.