Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Update

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 300,200 shares, an increase of 2,679.6% from the October 15th total of 10,800 shares. Based on an average daily trading volume, of 42,800 shares, the short-interest ratio is presently 7.0 days.

Invesco BulletShares 2024 Municipal Bond ETF Stock Down 0.1 %

BSMO stock opened at $24.83 on Thursday. The stock’s 50 day simple moving average is $24.84 and its 200 day simple moving average is $24.83. Invesco BulletShares 2024 Municipal Bond ETF has a fifty-two week low of $24.64 and a fifty-two week high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.057 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.75%. This is a positive change from Invesco BulletShares 2024 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, October 21st.

Institutional Trading of Invesco BulletShares 2024 Municipal Bond ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its position in Invesco BulletShares 2024 Municipal Bond ETF by 646.8% in the 1st quarter. Jane Street Group LLC now owns 646,033 shares of the company’s stock valued at $16,009,000 after purchasing an additional 559,521 shares during the period. NewEdge Advisors LLC grew its position in Invesco BulletShares 2024 Municipal Bond ETF by 3.9% in the 2nd quarter. NewEdge Advisors LLC now owns 120,591 shares of the company’s stock valued at $2,993,000 after purchasing an additional 4,492 shares during the period. Asset Dedication LLC grew its position in Invesco BulletShares 2024 Municipal Bond ETF by 0.5% in the 3rd quarter. Asset Dedication LLC now owns 104,117 shares of the company’s stock valued at $2,584,000 after purchasing an additional 553 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter valued at $2,041,000. Finally, Focus Financial Network Inc. grew its position in Invesco BulletShares 2024 Municipal Bond ETF by 7.0% in the 3rd quarter. Focus Financial Network Inc. now owns 79,907 shares of the company’s stock valued at $1,983,000 after purchasing an additional 5,242 shares during the period.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.