Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Update

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 31,945 shares, a growth of 195.1% from the April 15th total of 10,825 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 58,489 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2026 Municipal Bond ETF Trading Down 0.1%

Shares of Invesco BulletShares 2026 Municipal Bond ETF stock traded down $0.02 during trading hours on Thursday, hitting $23.58. 64,771 shares of the company’s stock traded hands, compared to its average volume of 86,326. Invesco BulletShares 2026 Municipal Bond ETF has a 12-month low of $23.45 and a 12-month high of $23.75. The company has a fifty day simple moving average of $23.62 and a 200-day simple moving average of $23.63.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a dividend of $0.0545 per share. The ex-dividend date of this dividend was Monday, April 20th. This represents a c) annualized dividend and a dividend yield of 2.8%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSMQ. Confluence Investment Management LLC increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 55.6% during the fourth quarter. Confluence Investment Management LLC now owns 163,801 shares of the company’s stock valued at $3,873,000 after buying an additional 58,535 shares during the period. Webster Bank N. A. increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 175.9% during the fourth quarter. Webster Bank N. A. now owns 39,761 shares of the company’s stock valued at $940,000 after buying an additional 25,350 shares during the period. Asset Dedication LLC increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 22.3% during the fourth quarter. Asset Dedication LLC now owns 181,064 shares of the company’s stock valued at $4,281,000 after buying an additional 33,066 shares during the period. Addison Advisors LLC increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 13.4% during the third quarter. Addison Advisors LLC now owns 17,015 shares of the company’s stock valued at $402,000 after buying an additional 2,015 shares during the period. Finally, Western Wealth Management LLC increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 45.9% during the third quarter. Western Wealth Management LLC now owns 15,900 shares of the company’s stock valued at $376,000 after buying an additional 5,000 shares during the period.

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.