Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 45,000 shares, a growth of 91.5% from the December 15th total of 23,500 shares. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is currently 1.0 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock traded up $0.05 during trading hours on Wednesday, hitting $21.66. The company’s stock had a trading volume of 62,382 shares, compared to its average volume of 51,509. Invesco BulletShares 2030 Municipal Bond ETF has a twelve month low of $21.51 and a twelve month high of $22.47. The firm has a fifty day moving average of $21.89 and a 200-day moving average of $21.96.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0517 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Arlington Capital Management Inc. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter worth approximately $204,000. Northwestern Mutual Wealth Management Co. raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 25.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock valued at $219,000 after purchasing an additional 2,047 shares during the period. D.A. Davidson & CO. lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after purchasing an additional 650 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.9% during the third quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock worth $307,000 after buying an additional 1,128 shares during the period. Finally, Stifel Financial Corp acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the third quarter valued at $368,000.

About Invesco BulletShares 2030 Municipal Bond ETF

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.