Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 20,400 shares, an increase of 72.9% from the August 31st total of 11,800 shares. Based on an average daily volume of 38,200 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 38,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSMS. Jones Financial Companies Lllp increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 4,597.3% during the 1st quarter. Jones Financial Companies Lllp now owns 274,792 shares of the company’s stock valued at $6,368,000 after purchasing an additional 268,942 shares during the last quarter. Kathmere Capital Management LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 2nd quarter worth approximately $5,847,000. Central Valley Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter worth approximately $4,352,000. Jane Street Group LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 1,087.6% in the 1st quarter. Jane Street Group LLC now owns 165,623 shares of the company’s stock worth $3,838,000 after acquiring an additional 151,677 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 18.1% in the 1st quarter. LPL Financial LLC now owns 342,248 shares of the company’s stock worth $7,932,000 after acquiring an additional 52,468 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

BSMS opened at $23.45 on Monday. Invesco BulletShares 2028 Municipal Bond ETF has a 52-week low of $22.41 and a 52-week high of $23.72. The company’s 50-day simple moving average is $23.38 and its two-hundred day simple moving average is $23.18.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.0518 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a c) annualized dividend and a dividend yield of 2.6%.

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.