Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 34.9% in February

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 33,858 shares, a decrease of 34.9% from the February 12th total of 51,970 shares. Based on an average daily volume of 44,512 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 44,512 shares, the short-interest ratio is currently 0.8 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.1%

Shares of NASDAQ:BSMS traded up $0.02 during midday trading on Friday, reaching $23.56. 53,030 shares of the company’s stock were exchanged, compared to its average volume of 54,188. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.41 and a fifty-two week high of $23.70. The firm’s 50 day simple moving average is $23.60 and its two-hundred day simple moving average is $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0528 per share. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Truist Financial Corp purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter valued at approximately $6,898,000. Jane Street Group LLC boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 1,087.6% during the first quarter. Jane Street Group LLC now owns 165,623 shares of the company’s stock worth $3,838,000 after buying an additional 151,677 shares during the period. Invesco Ltd. grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 60.0% in the fourth quarter. Invesco Ltd. now owns 379,068 shares of the company’s stock valued at $8,908,000 after buying an additional 142,158 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at $3,226,000. Finally, Invariant Investment Management purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter valued at $2,651,000.

About Invesco BulletShares 2028 Municipal Bond ETF

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.