Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 67,600 shares, an increase of 223.4% from the January 31st total of 20,900 shares. Based on an average daily volume of 55,300 shares, the days-to-cover ratio is presently 1.2 days.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.3 %

Shares of NASDAQ:BSMS opened at $23.56 on Friday. The stock has a 50-day simple moving average of $23.35 and a 200-day simple moving average of $23.42. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $23.05 and a 1 year high of $23.72.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a dividend of $0.0532 per share. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several large investors have recently made changes to their positions in BSMS. Toronto Dominion Bank acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at $273,000. Focus Partners Wealth raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 4.6% in the fourth quarter. Focus Partners Wealth now owns 76,149 shares of the company’s stock valued at $1,777,000 after purchasing an additional 3,340 shares during the period. Lido Advisors LLC purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at about $1,497,000. Integrated Wealth Concepts LLC lifted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 72.0% during the fourth quarter. Integrated Wealth Concepts LLC now owns 61,676 shares of the company’s stock worth $1,439,000 after purchasing an additional 25,823 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 8.3% in the fourth quarter. MML Investors Services LLC now owns 49,434 shares of the company’s stock worth $1,153,000 after buying an additional 3,798 shares during the period.

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.