Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Large Decrease in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 19,900 shares, a decline of 28.4% from the October 15th total of 27,800 shares. Based on an average daily trading volume, of 41,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BSMQ. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the second quarter worth about $62,000. Hills Bank & Trust Co acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth approximately $121,000. River Street Advisors LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter worth approximately $155,000. Comerica Bank boosted its position in Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% during the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock valued at $200,000 after purchasing an additional 7,748 shares during the period. Finally, Foundry Financial Group Inc. acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the third quarter worth $202,000.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.1 %

NASDAQ BSMQ traded up $0.01 on Friday, hitting $23.65. 53,913 shares of the stock traded hands, compared to its average volume of 45,128. The stock has a 50-day moving average of $23.64 and a 200 day moving average of $23.58. Invesco BulletShares 2026 Municipal Bond ETF has a twelve month low of $23.29 and a twelve month high of $23.81.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.79%. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, October 21st.

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.