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

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 15,600 shares, a growth of 50.0% from the October 15th total of 10,400 shares. Based on an average daily volume of 31,500 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSMU. First Command Advisory Services Inc. boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 82.1% in the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock worth $82,000 after purchasing an additional 1,689 shares during the last quarter. Horizons Wealth Management increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 23.4% during the second quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock valued at $145,000 after buying an additional 1,250 shares during the last quarter. Bill Few Associates Inc. purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter worth $201,000. Arlington Capital Management Inc. bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter valued at $204,000. Finally, Astoria Portfolio Advisors LLC. purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter worth $212,000.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of BSMU traded up $0.05 on Thursday, hitting $21.90. 20,393 shares of the stock traded hands, compared to its average volume of 28,855. The business has a 50 day simple moving average of $22.01 and a 200 day simple moving average of $21.93. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $21.30 and a one year high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.055 per share. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.66 dividend on an annualized basis and a yield of 3.01%.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.