Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 60.5% in February

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMUGet Free Report) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 17,000 shares, a decrease of 60.5% from the January 31st total of 43,000 shares. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSMU. Principal Securities Inc. bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth $97,000. Collier Financial purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter valued at about $115,000. Crews Bank & Trust bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at approximately $198,000. Wingate Wealth Advisors Inc. bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter valued at about $199,000. Finally, Arlington Capital Management Inc. purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF during the third quarter valued at $204,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.2 %

Shares of BSMU traded down $0.04 during trading hours on Friday, reaching $21.99. The stock had a trading volume of 15,076 shares, compared to its average volume of 50,384. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $21.51 and a 12 month high of $22.34. The company’s 50-day moving average is $21.81 and its two-hundred day moving average is $21.94.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be paid a $0.0513 dividend. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date is Monday, February 24th.

About Invesco BulletShares 2030 Municipal Bond ETF

(Get Free Report)

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.

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