Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Stock Short Interest Report for October

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 57,224 shares, a growth of 200.2% from the September 30th total of 19,063 shares. Based on an average trading volume of 136,527 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 19.1% in the 1st quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock valued at $5,836,000 after acquiring an additional 42,944 shares during the last quarter. Precedent Wealth Partners LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 19.9% in the third quarter. Precedent Wealth Partners LLC now owns 239,517 shares of the company’s stock valued at $5,004,000 after purchasing an additional 39,835 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 2.3% during the 2nd quarter. NewEdge Advisors LLC now owns 217,003 shares of the company’s stock worth $4,756,000 after purchasing an additional 4,904 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 0.6% in the first quarter. Kestra Advisory Services LLC now owns 129,192 shares of the company’s stock valued at $2,818,000 after buying an additional 816 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the second quarter. Envestnet Asset Management Inc. now owns 112,964 shares of the company’s stock valued at $2,476,000 after buying an additional 7,057 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.43 on Thursday. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $20.56 and a one year high of $22.31. The business has a 50-day simple moving average of $21.27 and a 200-day simple moving average of $21.78.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were paid a $0.0535 dividend. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.0517. This represents a $0.64 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, October 19th.

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.