Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 15,600 shares, a growth of 50.0% from the October 15th total of 10,400 shares. Based on an average daily volume of 31,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Hedge funds have recently bought and sold shares of the company. First Command Advisory Services Inc. raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 82.1% during the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock worth $82,000 after acquiring an additional 1,689 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 15.7% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 82,088 shares of the company’s stock worth $1,787,000 after purchasing an additional 11,114 shares during the period. Astoria Portfolio Advisors LLC. bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the second quarter worth $212,000. Asset Dedication LLC boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the second quarter. Asset Dedication LLC now owns 25,027 shares of the company’s stock valued at $545,000 after buying an additional 2,267 shares during the period. Finally, AE Wealth Management LLC grew its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 17.1% during the second quarter. AE Wealth Management LLC now owns 69,293 shares of the company’s stock valued at $1,509,000 after buying an additional 10,114 shares during the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMU traded up $0.09 during mid-day trading on Friday, reaching $21.95. 11,250 shares of the company were exchanged, compared to its average volume of 28,785. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $21.39 and a 52 week high of $22.80. The company’s 50 day moving average price is $22.01 and its 200 day moving average price is $21.94.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.055 per share. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.66 annualized dividend and a dividend yield of 3.01%.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.