Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Up 173.1% in July

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMUGet Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 32,153 shares, a growth of 173.1% from the July 15th total of 11,775 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 71,797 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Investment Advisory LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at about $31,000. NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth approximately $56,000. Ascentis Independent Advisors bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter worth approximately $140,000. Anchor Investment Management LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter worth approximately $142,000. Finally, Cookson Peirce & Co. Inc. purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at $210,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Up 0.0%

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.83 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $21.55 and a 52-week high of $22.31. The company has a 50-day simple moving average of $21.83 and a two-hundred day simple moving average of $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0525 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, July 20th.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

(Get Free Report)

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.

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