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

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 16,200 shares, a drop of 80.1% from the December 15th total of 81,300 shares. Based on an average daily volume of 44,700 shares, the days-to-cover ratio is currently 0.4 days.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2026 Municipal Bond ETF stock traded down $0.01 during trading hours on Tuesday, hitting $23.58. 8,622 shares of the company were exchanged, compared to its average volume of 59,478. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $23.36 and a 1 year high of $23.85. The business has a 50-day moving average of $23.64 and a 200-day moving average of $23.63.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0539 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSMQ. Kathmere Capital Management LLC acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at $524,000. Tlwm lifted its position in Invesco BulletShares 2026 Municipal Bond ETF by 2.4% during the fourth quarter. Tlwm now owns 22,339 shares of the company’s stock worth $527,000 after buying an additional 534 shares during the period. Sentinel Pension Advisors Inc. grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 20.6% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 37,214 shares of the company’s stock valued at $877,000 after buying an additional 6,355 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter valued at about $445,000. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 14.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 99,269 shares of the company’s stock worth $2,345,000 after acquiring an additional 12,258 shares during the period.

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.