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

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 4,000 shares, a drop of 49.4% from the February 28th total of 7,900 shares. Based on an average trading volume of 53,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of BSMU opened at $21.56 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $21.49 and a 52 week high of $22.25. The stock has a 50 day moving average price of $21.83 and a two-hundred day moving average price of $21.90.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.0515 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Large investors have recently bought and sold shares of the stock. Nestegg Advisors Inc. bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter worth $233,000. Toronto Dominion Bank bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter valued at $1,824,000. Captrust Financial Advisors boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 3.1% during the 4th quarter. Captrust Financial Advisors now owns 23,184 shares of the company’s stock valued at $504,000 after acquiring an additional 692 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.0% during the fourth quarter. Bank of America Corp DE now owns 207,276 shares of the company’s stock valued at $4,502,000 after purchasing an additional 11,770 shares during the last quarter. Finally, Jane Street Group LLC grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 84.4% in the fourth quarter. Jane Street Group LLC now owns 91,802 shares of the company’s stock worth $1,994,000 after acquiring an additional 42,005 shares in the last quarter.

About Invesco BulletShares 2030 Municipal Bond ETF

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.