Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 45,000 shares, an increase of 91.5% from the December 15th total of 23,500 shares. Based on an average daily trading volume, of 46,700 shares, the short-interest ratio is currently 1.0 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMU traded down $0.07 during trading on Tuesday, reaching $21.59. 116,784 shares of the company were exchanged, compared to its average volume of 46,234. The business’s fifty day simple moving average is $21.89 and its 200-day simple moving average is $21.96. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $21.51 and a 12-month high of $22.47.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0517 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Stifel Financial Corp bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the third quarter valued at approximately $368,000. MML Investors Services LLC boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 8.9% during the 3rd quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock valued at $307,000 after acquiring an additional 1,128 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock valued at $229,000 after acquiring an additional 650 shares during the period. Hobbs Group Advisors LLC raised its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 13.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 17,059 shares of the company’s stock worth $378,000 after acquiring an additional 2,018 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 17.1% in the 2nd quarter. AE Wealth Management LLC now owns 69,293 shares of the company’s stock worth $1,509,000 after acquiring an additional 10,114 shares in the last quarter.

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.