Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Sees Significant Growth in Short Interest

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 52,600 shares, an increase of 53.8% from the March 31st total of 34,200 shares. Based on an average daily trading volume, of 20,800 shares, the short-interest ratio is presently 2.5 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Horizons Wealth Management acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at $120,000. Avior Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at about $122,000. Valicenti Advisory Services Inc. acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at about $201,000. Arlington Capital Management Inc. acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter valued at about $206,000. Finally, Gradient Capital Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at about $210,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.1 %

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock traded down $0.01 on Friday, reaching $21.75. The stock had a trading volume of 6,651 shares, compared to its average volume of 22,399. The company has a 50 day moving average price of $22.08 and a 200 day moving average price of $21.90. Invesco BulletShares 2030 Municipal Bond ETF has a 1 year low of $20.57 and a 1 year high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were paid a $0.0536 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date was Monday, April 22nd.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.