Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 51,970 shares, an increase of 34.3% from the January 29th total of 38,702 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 60,111 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 60,111 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s shares are short sold.

Invesco BulletShares 2028 Municipal Bond ETF Stock Down 0.0%

Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.66 on Tuesday. Invesco BulletShares 2028 Municipal Bond ETF has a 12-month low of $22.41 and a 12-month high of $23.70. The firm’s 50-day moving average is $23.58 and its two-hundred day moving average is $23.49.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a $0.0528 dividend. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Beacon Pointe Advisors LLC increased its stake in Invesco BulletShares 2028 Municipal Bond ETF by 3.7% during the second quarter. Beacon Pointe Advisors LLC now owns 12,197 shares of the company’s stock worth $283,000 after acquiring an additional 433 shares during the last quarter. Addison Advisors LLC lifted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 2.2% in the 4th quarter. Addison Advisors LLC now owns 26,355 shares of the company’s stock valued at $619,000 after purchasing an additional 570 shares in the last quarter. Central Valley Advisors LLC grew its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 0.3% during the 4th quarter. Central Valley Advisors LLC now owns 187,322 shares of the company’s stock worth $4,402,000 after purchasing an additional 621 shares during the period. Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.2% during the 1st quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock worth $247,000 after purchasing an additional 625 shares during the period. Finally, Howard Wealth Management LLC increased its position in Invesco BulletShares 2028 Municipal Bond ETF by 5.1% during the 3rd quarter. Howard Wealth Management LLC now owns 15,541 shares of the company’s stock worth $364,000 after purchasing an additional 755 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.