Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Stock Short Interest Report for September

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 16,685 shares, a drop of 71.6% from the September 15th total of 58,730 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 72,518 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

NASDAQ:BSMQ traded up $0.03 during trading hours on Tuesday, hitting $23.44. 24,443 shares of the company traded hands, compared to its average volume of 70,170. Invesco BulletShares 2026 Municipal Bond ETF has a one year low of $23.33 and a one year high of $23.75. The firm’s 50-day simple moving average is $23.48 and its 200-day simple moving average is $23.54.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a $0.0531 dividend. The ex-dividend date was Monday, September 21st. This represents a $0.64 annualized dividend and a yield of 2.7%. This is a decrease from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.0554.

Institutional Trading of Invesco BulletShares 2026 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSMQ. Diversify Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the first quarter worth $221,000. Baird Financial Group Inc. purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at $224,000. Foundry Financial Group Inc. lifted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 15.3% in the 1st quarter. Foundry Financial Group Inc. now owns 9,799 shares of the company’s stock worth $232,000 after purchasing an additional 1,299 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 8.3% during the 1st quarter. Axxcess Wealth Management LLC now owns 10,566 shares of the company’s stock valued at $250,000 after purchasing an additional 812 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at about $292,000.

About Invesco BulletShares 2026 Municipal Bond ETF

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.