Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Significant Drop in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 15,380 shares, a drop of 53.7% from the February 12th total of 33,190 shares. Based on an average daily volume of 73,804 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 73,804 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.0%

Shares of NASDAQ BSMQ traded up $0.01 during mid-day trading on Friday, hitting $23.64. The stock had a trading volume of 21,018 shares, compared to its average volume of 94,990. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $23.04 and a 1 year high of $23.80. The business has a 50 day moving average price of $23.66 and a two-hundred day moving average price of $23.63.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a yield of 2.8%. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, February 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at approximately $25,000. Geneos Wealth Management Inc. lifted its position in Invesco BulletShares 2026 Municipal Bond ETF by 853.3% in the third quarter. Geneos Wealth Management Inc. now owns 3,575 shares of the company’s stock worth $84,000 after buying an additional 3,200 shares during the last quarter. IFP Advisors Inc boosted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 221.4% during the third quarter. IFP Advisors Inc now owns 3,629 shares of the company’s stock worth $86,000 after buying an additional 2,500 shares during the period. Collier Financial purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF during the third quarter worth $103,000. Finally, Kestra Advisory Services LLC bought a new position in Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter valued at $116,000.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.