Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Up 82.1% in June

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 71,680 shares, a growth of 82.1% from the June 15th total of 39,362 shares. Based on an average daily volume of 55,717 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMS. Western Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter worth about $51,000. Private Trust Co. NA grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 464.6% during the 4th quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock valued at $83,000 after purchasing an additional 2,904 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at about $92,000. Capital Analysts LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at about $156,000. Finally, Ascentis Independent Advisors bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter valued at about $160,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of BSMS traded down $0.01 during mid-day trading on Friday, reaching $23.44. The company had a trading volume of 89,477 shares, compared to its average volume of 52,678. The firm has a 50-day moving average price of $23.42 and a 200 day moving average price of $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $23.11 and a 52 week high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.0563 dividend. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, June 22nd.

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.