Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Down 88.1% in April

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,400 shares, a decrease of 88.1% from the March 31st total of 20,200 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Valicenti Advisory Services Inc. acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $200,000. Raymond James & Associates acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $209,000. Tlwm acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $252,000. Avior Wealth Management LLC raised its stake in Invesco BulletShares 2029 Municipal Bond ETF by 6.3% during the 3rd quarter. Avior Wealth Management LLC now owns 11,554 shares of the company’s stock worth $256,000 after buying an additional 687 shares during the period. Finally, Silverlake Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the first quarter worth approximately $258,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.3 %

BSMT stock traded down $0.06 during trading on Thursday, reaching $22.91. 10,968 shares of the stock were exchanged, compared to its average volume of 30,432. The firm’s 50 day moving average is $23.21 and its 200 day moving average is $23.02. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $21.80 and a twelve month high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.0533 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Monday, April 22nd.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.