Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Drops By 68.9%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 13,828 shares, a decline of 68.9% from the November 30th total of 44,465 shares. Based on an average daily volume of 56,848 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 56,848 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the stock. Truist Financial Corp bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter worth approximately $6,898,000. Jones Financial Companies Lllp boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 4,597.3% during the 1st quarter. Jones Financial Companies Lllp now owns 274,792 shares of the company’s stock worth $6,368,000 after buying an additional 268,942 shares during the period. Kathmere Capital Management LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth $5,847,000. Jane Street Group LLC grew its stake in Invesco BulletShares 2028 Municipal Bond ETF by 1,087.6% in the 1st quarter. Jane Street Group LLC now owns 165,623 shares of the company’s stock valued at $3,838,000 after buying an additional 151,677 shares during the last quarter. Finally, Elequin Capital LP raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 31,150.0% in the 3rd quarter. Elequin Capital LP now owns 100,000 shares of the company’s stock worth $2,342,000 after acquiring an additional 99,680 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.0%

BSMS stock opened at $23.47 on Thursday. The firm’s 50-day simple moving average is $23.44 and its 200 day simple moving average is $23.35. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.41 and a fifty-two week high of $23.61.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be paid a $0.053 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.