Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Increases By 185.7%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 39,502 shares, an increase of 185.7% from the December 15th total of 13,828 shares. Based on an average daily volume of 92,902 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 92,902 shares, the days-to-cover ratio is presently 0.4 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

BSMS stock opened at $23.57 on Wednesday. Invesco BulletShares 2028 Municipal Bond ETF has a 12-month low of $22.41 and a 12-month high of $23.61. The business’s 50-day moving average is $23.47 and its 200 day moving average is $23.39.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.053 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the second quarter valued at about $34,000. Signaturefd LLC lifted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 109.4% in the 3rd quarter. Signaturefd LLC now owns 76,360 shares of the company’s stock worth $1,788,000 after acquiring an additional 39,898 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter worth approximately $709,000. Avior Wealth Management LLC boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 10.8% during the 2nd quarter. Avior Wealth Management LLC now owns 20,540 shares of the company’s stock worth $477,000 after purchasing an additional 2,000 shares during the period. Finally, Landaas & Co. WI ADV purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth approximately $201,000.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

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.