Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Shares Shorted: Short Interest Down 60.2% in October

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 6,647 shares, a decrease of 60.2% from the September 30th total of 16,685 shares. Based on an average daily volume of 60,272 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BSMQ. Foundry Financial Group Inc. lifted its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 7.3% during the 3rd quarter. Foundry Financial Group Inc. now owns 10,663 shares of the company’s stock worth $250,000 after buying an additional 721 shares during the period. Latitude Advisors LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter valued at about $146,000. WESPAC Advisors LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter valued at about $311,000. Verdence Capital Advisors LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the third quarter valued at about $1,619,000. Finally, Signaturefd LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the third quarter valued at about $1,413,000.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.1%

Invesco BulletShares 2026 Municipal Bond ETF stock opened at $23.47 on Thursday. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $23.33 and a 12 month high of $23.75. The stock has a 50-day moving average price of $23.46 and a two-hundred day moving average price of $23.56.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0531 dividend. This is a decrease from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.0531. This represents a $0.64 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, October 19th.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.