Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Large Decline in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 15,000 shares, a drop of 65.4% from the January 15th total of 43,300 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Tlwm raised its stake in Invesco BulletShares 2026 Municipal Bond ETF by 2.4% during the 4th quarter. Tlwm now owns 22,339 shares of the company’s stock worth $527,000 after acquiring an additional 534 shares during the period. Jacobi Capital Management LLC increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 5.2% in the fourth quarter. Jacobi Capital Management LLC now owns 11,108 shares of the company’s stock worth $262,000 after purchasing an additional 550 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 18,178 shares of the company’s stock valued at $430,000 after purchasing an additional 593 shares during the period. Addison Advisors LLC lifted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 4.1% during the 4th quarter. Addison Advisors LLC now owns 15,240 shares of the company’s stock valued at $359,000 after buying an additional 595 shares in the last quarter. Finally, Clear Harbor Asset Management LLC boosted its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 3.3% in the 4th quarter. Clear Harbor Asset Management LLC now owns 19,535 shares of the company’s stock worth $460,000 after buying an additional 615 shares during the period.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

NASDAQ BSMQ traded down $0.03 on Wednesday, hitting $23.67. 23,778 shares of the company traded hands, compared to its average volume of 60,974. The business’s 50 day moving average price is $23.64 and its 200-day moving average price is $23.64. Invesco BulletShares 2026 Municipal Bond ETF has a 52-week low of $23.36 and a 52-week high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a $0.0546 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05.

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.