Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Grows By 439.6%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 55,495 shares, an increase of 439.6% from the February 26th total of 10,284 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 39,731 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 39,731 shares, the short-interest ratio is currently 1.4 days. Currently, 0.5% of the company’s shares are sold short.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock traded down $0.11 during midday trading on Tuesday, reaching $21.78. The company had a trading volume of 12,814 shares, compared to its average volume of 42,747. The stock has a fifty day moving average price of $22.16 and a 200 day moving average price of $22.06. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $20.59 and a fifty-two week high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.0507 per share. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, March 23rd. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

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

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.