Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 7,975 shares, a drop of 85.3% from the January 15th total of 54,105 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 37,295 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 37,295 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Stock Up 0.0%

BSMU traded up $0.01 during trading hours on Thursday, hitting $22.25. The company’s stock had a trading volume of 15,497 shares, compared to its average volume of 47,773. The company has a 50-day simple moving average of $22.09 and a 200 day simple moving average of $21.96. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $20.59 and a fifty-two week high of $22.26.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSMU. NewEdge Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at $56,000. Painted Porch Advisors LLC bought a new position in Invesco BulletShares 2030 Municipal Bond ETF during the third quarter valued at approximately $85,000. First Command Advisory Services Inc. lifted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 28.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,035 shares of the company’s stock worth $108,000 after acquiring an additional 1,112 shares during the last quarter. ORG Partners LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter valued at $140,000. Finally, YANKCOM Partnership purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter worth $170,000.

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.