Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 30.4% in November

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 14,200 shares, a drop of 30.4% from the November 15th total of 20,400 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. D.A. Davidson & CO. grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock valued at $229,000 after purchasing an additional 650 shares in the last quarter. First Command Advisory Services Inc. grew its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 82.1% in the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock worth $82,000 after acquiring an additional 1,689 shares in the last quarter. Hobbs Group Advisors LLC increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 13.4% during the third quarter. Hobbs Group Advisors LLC now owns 17,059 shares of the company’s stock worth $378,000 after acquiring an additional 2,018 shares during the period. Asset Dedication LLC raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% in the second quarter. Asset Dedication LLC now owns 25,027 shares of the company’s stock valued at $545,000 after acquiring an additional 2,267 shares in the last quarter. Finally, Atlantic Union Bankshares Corp boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 15.7% in the second quarter. Atlantic Union Bankshares Corp now owns 82,088 shares of the company’s stock valued at $1,787,000 after purchasing an additional 11,114 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.2 %

Shares of BSMU traded down $0.05 during midday trading on Friday, hitting $21.98. 7,587 shares of the stock were exchanged, compared to its average volume of 30,583. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $21.51 and a 52-week high of $22.80. The stock has a fifty day simple moving average of $21.95 and a 200 day simple moving average of $21.96.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a $0.0539 dividend. The ex-dividend date of this dividend was Monday, November 18th.

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.