Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Down 99.8% in November

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, a drop of 99.8% from the October 31st total of 300,200 shares. Based on an average daily trading volume, of 39,600 shares, the short-interest ratio is currently 0.0 days.

Invesco BulletShares 2024 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2024 Municipal Bond ETF stock remained flat at $24.80 during trading on Wednesday. The stock had a trading volume of 6,696 shares, compared to its average volume of 39,459. The business’s fifty day moving average is $24.83 and its two-hundred day moving average is $24.83. Invesco BulletShares 2024 Municipal Bond ETF has a fifty-two week low of $24.64 and a fifty-two week high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.0535 per share. The ex-dividend date was Monday, November 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. First Command Advisory Services Inc. increased its holdings in Invesco BulletShares 2024 Municipal Bond ETF by 194.2% in the 2nd quarter. First Command Advisory Services Inc. now owns 6,529 shares of the company’s stock valued at $162,000 after buying an additional 4,310 shares during the period. Addison Advisors LLC boosted its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 13.8% in the 2nd quarter. Addison Advisors LLC now owns 6,570 shares of the company’s stock valued at $163,000 after purchasing an additional 795 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter worth about $200,000. CRA Financial Services LLC acquired a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 2nd quarter worth about $223,000. Finally, Hills Bank & Trust Co acquired a new position in Invesco BulletShares 2024 Municipal Bond ETF in the second quarter valued at about $325,000.

About Invesco BulletShares 2024 Municipal Bond ETF

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.