Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Increases By 30.8%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 20,400 shares, an increase of 30.8% from the October 31st total of 15,600 shares. Based on an average daily volume of 34,000 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2030 Municipal Bond ETF Trading Up 0.3 %

Invesco BulletShares 2030 Municipal Bond ETF stock opened at $22.06 on Monday. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $21.51 and a one year high of $22.80. The stock has a fifty day moving average of $21.96 and a 200 day moving average of $21.94.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were given a dividend of $0.0539 per share. The ex-dividend date was Monday, November 18th.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Institutional investors have recently bought and sold shares of the stock. First Command Advisory Services Inc. increased its position in Invesco BulletShares 2030 Municipal Bond ETF by 82.1% in the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock worth $82,000 after buying an additional 1,689 shares in the last quarter. Horizons Wealth Management increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 23.4% in the 2nd quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock worth $145,000 after acquiring an additional 1,250 shares in the last quarter. Arlington Capital Management Inc. bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter worth approximately $204,000. Bill Few Associates Inc. bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the second quarter worth approximately $201,000. Finally, Astoria Portfolio Advisors LLC. bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the second quarter worth approximately $212,000.

About Invesco BulletShares 2030 Municipal Bond ETF

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.