Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Drops By 82.2%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,916 shares, a decrease of 82.2% from the January 15th total of 44,360 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 110,002 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 110,002 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

A number of large investors have recently made changes to their positions in BSMQ. Jane Street Group LLC lifted its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 754.4% during the 1st quarter. Jane Street Group LLC now owns 114,709 shares of the company’s stock worth $2,708,000 after purchasing an additional 101,283 shares in the last quarter. Yarger Wealth Strategies LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the second quarter valued at about $402,000. Axxcess Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the second quarter worth about $212,000. Mutual Advisors LLC bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the second quarter valued at approximately $210,000. Finally, Koss Olinger Consulting LLC grew its stake in Invesco BulletShares 2026 Municipal Bond ETF by 188.8% during the second quarter. Koss Olinger Consulting LLC now owns 31,181 shares of the company’s stock valued at $735,000 after acquiring an additional 20,383 shares in the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Shares of BSMQ traded down $0.01 during trading hours on Tuesday, hitting $23.67. The company’s stock had a trading volume of 85,459 shares, compared to its average volume of 97,747. The business has a 50 day simple moving average of $23.64 and a two-hundred day simple moving average of $23.61. Invesco BulletShares 2026 Municipal Bond ETF has a 52-week low of $23.04 and a 52-week high of $23.80.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.0539 per share. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, January 20th. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05.

About Invesco BulletShares 2026 Municipal Bond ETF

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.