Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Grows By 439.6%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 55,495 shares, a growth of 439.6% from the February 26th total of 10,284 shares. Based on an average daily volume of 39,731 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 39,731 shares, the short-interest ratio is presently 1.4 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of BSMU traded down $0.11 on Tuesday, reaching $21.78. 12,814 shares of the company’s stock traded hands, compared to its average volume of 42,747. The stock’s 50 day simple moving average is $22.16 and its two-hundred day simple moving average is $22.06. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $20.59 and a 52-week high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be issued a $0.0507 dividend. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) annualized dividend and a yield of 2.8%.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMU. Farmers National Bank boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 3.5% in the 4th quarter. Farmers National Bank now owns 60,708 shares of the company’s stock worth $1,337,000 after buying an additional 2,073 shares during the period. Coastline Complete Wealth LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at $1,380,000. Invesco Ltd. raised its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 69.5% during the 4th quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock valued at $6,326,000 after acquiring an additional 117,737 shares during the period. NewEdge Advisors LLC lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 530.4% during the fourth quarter. NewEdge Advisors LLC now owns 116,637 shares of the company’s stock worth $2,569,000 after acquiring an additional 98,135 shares in the last quarter. Finally, Envision Financial Planning LLC lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 0.9% during the fourth quarter. Envision Financial Planning LLC now owns 77,435 shares of the company’s stock worth $1,706,000 after acquiring an additional 699 shares in the last quarter.

About Invesco BulletShares 2030 Municipal Bond ETF

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.