Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Expands By 250.2%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 75,300 shares, an increase of 250.2% from the August 31st total of 21,500 shares. Based on an average trading volume of 48,800 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 48,800 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter valued at $34,000. NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter worth $56,000. First Command Advisory Services Inc. increased its stake in Invesco BulletShares 2030 Municipal Bond ETF by 28.3% during the 2nd quarter. First Command Advisory Services Inc. now owns 5,035 shares of the company’s stock worth $108,000 after buying an additional 1,112 shares during the period. Larson Financial Group LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter worth $125,000. Finally, Capital Analysts LLC increased its stake in Invesco BulletShares 2030 Municipal Bond ETF by 39.6% during the 1st quarter. Capital Analysts LLC now owns 6,570 shares of the company’s stock worth $142,000 after buying an additional 1,863 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of BSMU stock opened at $21.93 on Friday. The company’s fifty day simple moving average is $21.78 and its 200-day simple moving average is $21.54. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $20.59 and a 52 week high of $22.23.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.0499 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, September 22nd.

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.