Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 84.2% in March

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,300 shares, a decrease of 84.2% from the February 28th total of 20,900 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 55,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several hedge funds have recently modified their holdings of the stock. Webster Bank N. A. purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter worth $49,000. Private Trust Co. NA acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter worth about $85,000. Principal Securities Inc. purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter worth about $94,000. YANKCOM Partnership acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at about $199,000. Finally, Crews Bank & Trust acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter worth approximately $199,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMS traded down $0.03 during midday trading on Wednesday, reaching $23.17. 53,789 shares of the company were exchanged, compared to its average volume of 36,580. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $23.05 and a 1 year high of $23.72. The stock has a fifty day simple moving average of $23.37 and a 200 day simple moving average of $23.42.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.0546 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous dividend of $0.05.

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.