Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Up 519.7% in December

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 24,114 shares, a growth of 519.7% from the December 15th total of 3,891 shares. Based on an average trading volume of 108,025 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 108,025 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Shares of BSMQ remained flat at $23.67 during midday trading on Monday. 89,779 shares of the stock were exchanged, compared to its average volume of 102,226. The business has a fifty day moving average price of $23.63 and a two-hundred day moving average price of $23.60. Invesco BulletShares 2026 Municipal Bond ETF has a fifty-two week low of $23.04 and a fifty-two week high of $23.80.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.0517 dividend. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the second quarter worth approximately $25,000. Farther Finance Advisors LLC raised its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 89.1% during the second quarter. Farther Finance Advisors LLC now owns 3,026 shares of the company’s stock worth $71,000 after purchasing an additional 1,426 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 853.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,575 shares of the company’s stock worth $84,000 after buying an additional 3,200 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 221.4% during the 3rd quarter. IFP Advisors Inc now owns 3,629 shares of the company’s stock worth $86,000 after buying an additional 2,500 shares during the last quarter. Finally, Collier Financial acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter valued at $103,000.

About Invesco BulletShares 2026 Municipal Bond ETF

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.