Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Significant Increase in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 34,938 shares, a growth of 73.3% from the May 31st total of 20,159 shares. Based on an average trading volume of 59,895 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.0%

Shares of NASDAQ BSMQ traded up $0.01 during midday trading on Thursday, reaching $23.56. 16,893 shares of the company traded hands, compared to its average volume of 81,271. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $23.46 and a 12 month high of $23.75. The stock’s 50-day simple moving average is $23.56 and its 200-day simple moving average is $23.62.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0538 per share. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2026 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSMQ. IFP Advisors Inc increased its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 221.4% in the third quarter. IFP Advisors Inc now owns 3,629 shares of the company’s stock valued at $86,000 after purchasing an additional 2,500 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at approximately $116,000. &PARTNERS bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter worth approximately $185,000. HUB Investment Partners LLC acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth approximately $201,000. Finally, Claro Advisors LLC bought a new position in Invesco BulletShares 2026 Municipal Bond ETF in the third quarter valued at approximately $209,000.

About Invesco BulletShares 2026 Municipal Bond ETF

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.