Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Update

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 31,945 shares, an increase of 195.1% from the April 15th total of 10,825 shares. Based on an average daily trading volume, of 58,489 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Waverly Advisors LLC raised its position in Invesco BulletShares 2026 Municipal Bond ETF by 17.3% during the first quarter. Waverly Advisors LLC now owns 52,531 shares of the company’s stock valued at $1,241,000 after purchasing an additional 7,743 shares in the last quarter. Cetera Investment Advisers raised its position in Invesco BulletShares 2026 Municipal Bond ETF by 47.5% during the first quarter. Cetera Investment Advisers now owns 34,618 shares of the company’s stock valued at $818,000 after purchasing an additional 11,142 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Invesco BulletShares 2026 Municipal Bond ETF by 2.2% during the first quarter. PNC Financial Services Group Inc. now owns 63,871 shares of the company’s stock valued at $1,509,000 after purchasing an additional 1,365 shares in the last quarter. Sanctuary Advisors LLC raised its position in Invesco BulletShares 2026 Municipal Bond ETF by 30.3% during the first quarter. Sanctuary Advisors LLC now owns 18,115 shares of the company’s stock valued at $428,000 after purchasing an additional 4,216 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $221,000.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

BSMQ remained flat at $23.58 during trading on Friday. 29,955 shares of the company’s stock traded hands, compared to its average volume of 86,013. Invesco BulletShares 2026 Municipal Bond ETF has a 1-year low of $23.45 and a 1-year high of $23.75. The business’s fifty day moving average is $23.61 and its 200 day moving average is $23.63.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were given a dividend of $0.0545 per share. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, April 20th.

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.