Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 28.6% in October

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 35,400 shares, a decline of 28.6% from the September 30th total of 49,600 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.1%

Shares of BSMU stock traded down $0.02 on Monday, reaching $21.99. The company had a trading volume of 13,577 shares, compared to its average volume of 46,772. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $20.59 and a one year high of $22.23. The business’s 50-day moving average is $21.92 and its 200 day moving average is $21.62.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were paid a $0.0496 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, October 20th.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth about $34,000. Invesco Ltd. boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 12.2% in the first quarter. Invesco Ltd. now owns 157,636 shares of the company’s stock valued at $3,402,000 after acquiring an additional 17,146 shares during the last quarter. MB Levis & Associates LLC boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 7.8% during the 2nd quarter. MB Levis & Associates LLC now owns 65,522 shares of the company’s stock worth $1,409,000 after buying an additional 4,754 shares in the last quarter. Envision Financial Planning LLC boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 0.7% during the 1st quarter. Envision Financial Planning LLC now owns 180,857 shares of the company’s stock worth $3,903,000 after buying an additional 1,337 shares in the last quarter. Finally, Stratos Wealth Advisors LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter worth approximately $841,000.

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.