Short Interest in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Expands By 70.0%

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,400 shares, a growth of 70.0% from the March 31st total of 2,000 shares. Based on an average daily volume of 55,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ BSMT opened at $22.51 on Wednesday. The company has a 50-day moving average price of $22.75 and a two-hundred day moving average price of $22.94. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $21.87 and a 52 week high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were issued a $0.0539 dividend. The ex-dividend date of this dividend was Monday, April 21st.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in BSMT. Horizons Wealth Management increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 7.9% during the fourth quarter. Horizons Wealth Management now owns 20,556 shares of the company’s stock valued at $472,000 after purchasing an additional 1,507 shares during the period. Sentinel Pension Advisors Inc. increased its stake in Invesco BulletShares 2029 Municipal Bond ETF by 33.0% during the 4th quarter. Sentinel Pension Advisors Inc. now owns 26,015 shares of the company’s stock valued at $597,000 after buying an additional 6,459 shares during the period. Tlwm raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 107.5% during the 4th quarter. Tlwm now owns 23,094 shares of the company’s stock worth $530,000 after buying an additional 11,966 shares in the last quarter. Kathmere Capital Management LLC acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter worth approximately $9,778,000. Finally, Carnegie Investment Counsel bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter valued at approximately $475,000.

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.