Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Stock Short Interest Declines 67.1%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 2,184 shares, a decline of 67.1% from the October 15th total of 6,647 shares. Based on an average daily volume of 44,137 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Foundry Financial Group Inc. increased its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 7.3% during the third quarter. Foundry Financial Group Inc. now owns 10,663 shares of the company’s stock worth $250,000 after buying an additional 721 shares in the last quarter. Addison Advisors LLC boosted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 16.9% in the 3rd quarter. Addison Advisors LLC now owns 6,099 shares of the company’s stock worth $143,000 after acquiring an additional 881 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 2.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 63,871 shares of the company’s stock worth $1,509,000 after acquiring an additional 1,365 shares in the last quarter. Paulson Wealth Management Inc. boosted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.8% in the 3rd quarter. Paulson Wealth Management Inc. now owns 74,624 shares of the company’s stock worth $1,748,000 after acquiring an additional 2,716 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 30.3% during the 1st quarter. Sanctuary Advisors LLC now owns 18,115 shares of the company’s stock worth $428,000 after acquiring an additional 4,216 shares during the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.0%

Shares of BSMQ traded up $0.01 during trading hours on Friday, hitting $23.51. The stock had a trading volume of 24,658 shares, compared to its average volume of 71,329. The company’s fifty day moving average is $23.45 and its two-hundred day moving average is $23.55. Invesco BulletShares 2026 Municipal Bond ETF has a 52 week low of $23.33 and a 52 week high of $23.75.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a $0.0531 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.7%. This is a drop from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.0531. The ex-dividend date was Monday, October 19th.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.