Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Rises By 143.5%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 26,536 shares, an increase of 143.5% from the March 31st total of 10,896 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 53,334 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS opened at $23.43 on Tuesday. The firm has a 50 day moving average price of $23.52 and a 200-day moving average price of $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $22.87 and a twelve month high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were issued a dividend of $0.0516 per share. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, April 20th.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the third quarter worth $73,000. Private Trust Co. NA lifted its position in Invesco BulletShares 2028 Municipal Bond ETF by 464.6% during the fourth quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock valued at $83,000 after purchasing an additional 2,904 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter valued at $92,000. Capital Analysts LLC bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter valued at $156,000. Finally, ORG Partners LLC lifted its position in Invesco BulletShares 2028 Municipal Bond ETF by 705.9% during the third quarter. ORG Partners LLC now owns 6,850 shares of the company’s stock valued at $160,000 after purchasing an additional 6,000 shares during the last quarter.

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.