Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Up 185.7% in December

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 39,502 shares, a growth of 185.7% from the December 15th total of 13,828 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 92,902 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 92,902 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.0%

Shares of BSMS stock opened at $23.58 on Thursday. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.41 and a fifty-two week high of $23.61. The stock’s fifty day moving average price is $23.48 and its two-hundred day moving average price is $23.39.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.053 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) annualized dividend and a yield of 2.7%.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 6.2% in the first quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock valued at $247,000 after buying an additional 625 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter worth $709,000. Jane Street Group LLC increased its holdings 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 worth $3,838,000 after purchasing an additional 151,677 shares in the last quarter. Focus Partners Wealth raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 5.6% in the 1st quarter. Focus Partners Wealth now owns 80,407 shares of the company’s stock valued at $1,863,000 after buying an additional 4,258 shares during the last quarter. Finally, Legacy Private Trust Co. acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth approximately $257,000.

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.