Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Increases By 133.3%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 26,600 shares, a growth of 133.3% from the November 15th total of 11,400 shares. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 73.7% during the second quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock worth $87,000 after acquiring an additional 1,584 shares during the last quarter. Avior Wealth Management LLC grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the 3rd quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock valued at $133,000 after buying an additional 637 shares during the last quarter. Hills Bank & Trust Co acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter valued at $155,000. Foundry Financial Group Inc. acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter valued at $200,000. Finally, Aptus Capital Advisors LLC lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 97.8% in the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock valued at $204,000 after acquiring an additional 4,269 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS stock remained flat at $23.48 during mid-day trading on Friday. 8,704 shares of the company’s stock traded hands, compared to its average volume of 29,217. Invesco BulletShares 2028 Municipal Bond ETF has a one year low of $23.05 and a one year high of $23.81. The firm’s 50-day simple moving average is $23.46 and its two-hundred day simple moving average is $23.41.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a $0.0547 dividend. The ex-dividend date was Monday, November 18th.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.