Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Rises By 249.3%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 37,606 shares, a growth of 249.3% from the November 30th total of 10,765 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 36,768 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 36,768 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter worth about $34,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at $56,000. Painted Porch Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter valued at $85,000. First Command Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 28.3% in the second quarter. First Command Advisory Services Inc. now owns 5,035 shares of the company’s stock worth $108,000 after acquiring an additional 1,112 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the third quarter worth $140,000.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.0%

Shares of NASDAQ BSMU traded down $0.01 during midday trading on Friday, hitting $22.00. The company’s stock had a trading volume of 83,943 shares, compared to its average volume of 47,822. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $20.59 and a 1-year high of $22.12. The firm’s fifty day moving average price is $22.01 and its 200-day moving average price is $21.81.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.0489 dividend. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.