Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Rises By 84.8%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 6,100 shares, an increase of 84.8% from the March 15th total of 3,300 shares. Based on an average trading volume of 53,700 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.1 %

Shares of BSMS stock opened at $22.91 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.41 and a 12 month high of $23.72. The stock has a 50-day moving average price of $23.25 and a 200 day moving average price of $23.35.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.0546 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Precedent Wealth Partners LLC grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 58.4% during the 1st quarter. Precedent Wealth Partners LLC now owns 118,665 shares of the company’s stock worth $2,750,000 after buying an additional 43,745 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 13.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 19,762 shares of the company’s stock worth $458,000 after acquiring an additional 2,379 shares in the last quarter. Central Valley Advisors LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $4,352,000. Sentinel Pension Advisors LLC lifted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 8.1% during the 1st quarter. Sentinel Pension Advisors LLC now owns 27,943 shares of the company’s stock valued at $648,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Members Wealth LLC acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter valued at approximately $400,000.

About Invesco BulletShares 2028 Municipal Bond ETF

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.