Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Increases By 31.9%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 49,589 shares, a growth of 31.9% from the December 15th total of 37,606 shares. Based on an average daily volume of 91,525 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 91,525 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter worth approximately $34,000. Signaturefd LLC raised its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 140.2% during the third quarter. Signaturefd LLC now owns 47,573 shares of the company’s stock valued at $1,043,000 after acquiring an additional 27,764 shares during the period. Cambridge Financial Group LLC bought a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter worth approximately $535,000. MB Levis & Associates LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 7.8% during the 2nd quarter. MB Levis & Associates LLC now owns 65,522 shares of the company’s stock valued at $1,409,000 after buying an additional 4,754 shares in the last quarter. Finally, Koss Olinger Consulting LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter valued at $649,000.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMU opened at $22.17 on Monday. The firm’s fifty day moving average is $22.04 and its 200 day moving average is $21.88. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $20.59 and a 52 week high of $22.19.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th will be issued a $0.0485 dividend. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, January 20th.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.