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

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 41,500 shares, an increase of 420.4% from the January 29th total of 7,975 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 48,082 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 48,082 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMU traded down $0.02 during midday trading on Friday, reaching $22.25. 20,376 shares of the stock were exchanged, compared to its average volume of 46,010. The stock has a 50 day moving average price of $22.15 and a 200-day moving average price of $22.01. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $20.59 and a 52-week high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a $0.0488 dividend. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in BSMU. Hills Bank & Trust Co boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 76.7% in the fourth quarter. Hills Bank & Trust Co now owns 432,344 shares of the company’s stock valued at $9,522,000 after acquiring an additional 187,718 shares during the period. Central Valley Advisors LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter valued at $3,948,000. Jane Street Group LLC raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the 1st quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock valued at $4,646,000 after buying an additional 123,496 shares in the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 103.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 240,291 shares of the company’s stock worth $5,267,000 after acquiring an additional 122,208 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 69.5% during the 4th quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock valued at $6,326,000 after acquiring an additional 117,737 shares in the last quarter.

About Invesco BulletShares 2030 Municipal Bond ETF

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.