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

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 45,000 shares, an increase of 91.5% from the December 31st total of 23,500 shares. Based on an average daily volume of 46,700 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSMU. D.A. Davidson & CO. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after acquiring an additional 650 shares during the last quarter. Tlwm grew its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 3.3% in the fourth quarter. Tlwm now owns 23,979 shares of the company’s stock worth $521,000 after purchasing an additional 759 shares during the last quarter. Lincoln Capital Corp increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 3.8% in the fourth quarter. Lincoln Capital Corp now owns 25,516 shares of the company’s stock valued at $554,000 after purchasing an additional 928 shares during the period. Integrated Wealth Concepts LLC raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 17,551 shares of the company’s stock worth $389,000 after purchasing an additional 1,123 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 8.9% during the 3rd quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock worth $307,000 after buying an additional 1,128 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.0 %

Shares of NASDAQ:BSMU traded down $0.01 during trading on Wednesday, hitting $21.79. 9,017 shares of the company were exchanged, compared to its average volume of 44,872. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.51 and a 1-year high of $22.47. The business’s 50 day moving average is $21.87 and its 200-day moving average is $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.0506 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

About Invesco BulletShares 2030 Municipal Bond ETF

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.