Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Update

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 46,564 shares, an increase of 29.4% from the January 15th total of 35,984 shares. Based on an average daily trading volume, of 55,154 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 55,154 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.1%

Shares of NASDAQ:BSMT opened at $23.38 on Tuesday. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $21.87 and a 52 week high of $23.40. The firm’s fifty day moving average is $23.22 and its 200-day moving average is $23.11.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.0508 per share. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, January 20th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Several large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after buying an additional 520 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 680.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock valued at $78,000 after purchasing an additional 2,931 shares in the last quarter. ORG Partners LLC acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the third quarter worth approximately $141,000. Capital Analysts LLC acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the fourth quarter worth approximately $156,000. Finally, JPMorgan Chase & Co. lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 91.7% in the second quarter. JPMorgan Chase & Co. now owns 7,461 shares of the company’s stock valued at $169,000 after buying an additional 3,569 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.