Short Interest in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Rises By 270.4%

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 24,160 shares, an increase of 270.4% from the April 15th total of 6,522 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 30,761 shares, the days-to-cover ratio is currently 0.8 days.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.3%

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock traded down $0.07 on Friday, reaching $23.01. The stock had a trading volume of 30,647 shares, compared to its average volume of 37,796. The company has a 50 day moving average price of $23.11 and a 200 day moving average price of $23.17. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $22.51 and a 1 year high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a dividend of $0.0528 per share. The ex-dividend date of this dividend was Monday, April 20th.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in BSMT. Harbor Investment Advisory LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 92.9% during the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock worth $62,000 after acquiring an additional 520 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 680.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock worth $78,000 after acquiring an additional 2,931 shares in the last quarter. Anchor Investment Management LLC boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 300.0% in the fourth quarter. Anchor Investment Management LLC now owns 4,000 shares of the company’s stock worth $93,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the first quarter worth about $107,000.

About Invesco BulletShares 2029 Municipal Bond ETF

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.