Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 69.1% in February

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 20,900 shares, a decrease of 69.1% from the February 13th total of 67,600 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 54,500 shares, the days-to-cover ratio is currently 0.4 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS traded up $0.02 on Friday, reaching $23.35. The stock had a trading volume of 13,408 shares, compared to its average volume of 36,124. Invesco BulletShares 2028 Municipal Bond ETF has a 1-year low of $23.05 and a 1-year high of $23.72. The firm has a fifty day moving average of $23.37 and a two-hundred day moving average of $23.43.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.0532 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in BSMS. Jacobi Capital Management LLC lifted its position in Invesco BulletShares 2028 Municipal Bond ETF by 5.1% during the fourth quarter. Jacobi Capital Management LLC now owns 11,170 shares of the company’s stock worth $261,000 after purchasing an additional 540 shares during the period. Horizons Wealth Management lifted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 2.9% during the 4th quarter. Horizons Wealth Management now owns 19,437 shares of the company’s stock worth $453,000 after acquiring an additional 545 shares during the period. Avior Wealth Management LLC lifted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% during the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after purchasing an additional 637 shares during the last quarter. Silverlake Wealth Management LLC lifted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 7.7% during the fourth quarter. Silverlake Wealth Management LLC now owns 11,847 shares of the company’s stock worth $276,000 after purchasing an additional 850 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 12.4% during the 3rd quarter. Captrust Financial Advisors now owns 11,566 shares of the company’s stock worth $273,000 after buying an additional 1,280 shares during the last quarter.

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.