Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 15,200 shares, a growth of 28.8% from the August 15th total of 11,800 shares. Based on an average trading volume of 27,100 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in Invesco BulletShares 2028 Municipal Bond ETF by 18.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,611 shares of the company’s stock valued at $432,000 after acquiring an additional 2,847 shares during the period. NewEdge Advisors LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 6.9% in the second quarter. NewEdge Advisors LLC now owns 117,647 shares of the company’s stock valued at $2,733,000 after purchasing an additional 7,645 shares during the period. Envestnet Asset Management Inc. increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 9.4% in the second quarter. Envestnet Asset Management Inc. now owns 82,382 shares of the company’s stock valued at $1,914,000 after purchasing an additional 7,068 shares during the period. Asset Dedication LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 14.4% during the 2nd quarter. Asset Dedication LLC now owns 58,977 shares of the company’s stock worth $1,370,000 after purchasing an additional 7,427 shares during the last quarter. Finally, Midland Wealth Advisors LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth about $291,000.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.1 %

Shares of NASDAQ BSMS traded up $0.02 during mid-day trading on Monday, hitting $23.57. 10,693 shares of the stock traded hands, compared to its average volume of 24,072. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $22.25 and a twelve month high of $23.81. The firm has a 50 day simple moving average of $23.41 and a two-hundred day simple moving average of $23.37.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were paid a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend was Monday, August 19th.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.