Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Large Drop in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 16,200 shares, a drop of 80.1% from the December 31st total of 81,300 shares. Based on an average daily volume of 44,700 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Truist Financial Corp bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the second quarter worth about $7,035,000. NewEdge Advisors LLC lifted its position in Invesco BulletShares 2026 Municipal Bond ETF by 4.0% in the 2nd quarter. NewEdge Advisors LLC now owns 127,504 shares of the company’s stock worth $2,996,000 after buying an additional 4,937 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 112,635 shares of the company’s stock worth $2,646,000 after buying an additional 3,623 shares in the last quarter. Asset Dedication LLC grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 5.0% during the fourth quarter. Asset Dedication LLC now owns 109,792 shares of the company’s stock valued at $2,588,000 after acquiring an additional 5,200 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 33.4% during the third quarter. Atlantic Union Bankshares Corp now owns 101,731 shares of the company’s stock worth $2,415,000 after acquiring an additional 25,465 shares in the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.1 %

Invesco BulletShares 2026 Municipal Bond ETF stock traded up $0.03 during mid-day trading on Wednesday, hitting $23.64. 1,826 shares of the company traded hands, compared to its average volume of 65,206. The stock has a fifty day moving average price of $23.64 and a 200-day moving average price of $23.63. Invesco BulletShares 2026 Municipal Bond ETF has a one year low of $23.36 and a one year high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a $0.0546 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.