Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Down 51.0% in July

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 37,400 shares, a decrease of 51.0% from the June 30th total of 76,300 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Down 0.0 %

BSMQ stock opened at $23.56 on Friday. The stock’s 50 day moving average price is $23.50 and its 200 day moving average price is $23.56. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $22.81 and a 1 year high of $23.81.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 26th. Investors of record on Monday, July 22nd will be paid a $0.058 dividend. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date is Monday, July 22nd. This represents a $0.70 annualized dividend and a yield of 2.95%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSMQ. Masso Torrence Wealth Management Inc. grew its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.6% in the fourth quarter. Masso Torrence Wealth Management Inc. now owns 12,378 shares of the company’s stock valued at $294,000 after purchasing an additional 425 shares during the period. Astoria Portfolio Advisors LLC. increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1.3% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 36,862 shares of the company’s stock valued at $866,000 after acquiring an additional 471 shares during the last quarter. Cornerstone Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1.4% during the 1st quarter. Cornerstone Wealth Management LLC now owns 34,779 shares of the company’s stock worth $820,000 after acquiring an additional 487 shares during the period. Tlwm lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.2% during the 1st quarter. Tlwm now owns 23,934 shares of the company’s stock worth $564,000 after acquiring an additional 731 shares during the period. Finally, MONECO Advisors LLC grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 11.5% in the first quarter. MONECO Advisors LLC now owns 9,945 shares of the company’s stock valued at $234,000 after purchasing an additional 1,026 shares during the period.

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.