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 large increase in short interest in June. As of June 15th, there was short interest totaling 34,938 shares, an increase of 73.3% from the May 31st total of 20,159 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 59,895 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2026 Municipal Bond ETF stock traded up $0.01 during trading on Thursday, reaching $23.56. The stock had a trading volume of 16,893 shares, compared to its average volume of 81,271. The stock has a fifty day moving average price of $23.56 and a two-hundred day moving average price of $23.62. Invesco BulletShares 2026 Municipal Bond ETF has a 52 week low of $23.46 and a 52 week high of $23.75.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0538 dividend. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Trading of Invesco BulletShares 2026 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 6.0% during the 1st quarter. NewEdge Advisors LLC now owns 183,173 shares of the company’s stock worth $4,327,000 after buying an additional 10,369 shares during the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the first quarter worth about $3,871,000. Asset Dedication LLC raised its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 12.8% during the first quarter. Asset Dedication LLC now owns 204,265 shares of the company’s stock worth $4,826,000 after acquiring an additional 23,201 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in Invesco BulletShares 2026 Municipal Bond ETF by 27.3% during the first quarter. Hobbs Group Advisors LLC now owns 29,924 shares of the company’s stock valued at $707,000 after purchasing an additional 6,419 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Invesco BulletShares 2026 Municipal Bond ETF by 26.6% during the first quarter. Bank of America Corp DE now owns 554,816 shares of the company’s stock valued at $13,108,000 after purchasing an additional 116,540 shares during the last quarter.

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.