Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Rises By 78.9%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 31,300 shares, a growth of 78.9% from the September 15th total of 17,500 shares. Based on an average trading volume of 49,400 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BSMQ. First Command Advisory Services Inc. acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 1st quarter valued at about $46,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at about $62,000. Comerica Bank boosted its position in shares of 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 acquiring an additional 7,748 shares during the last quarter. Webster Bank N. A. raised its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 21.3% in the 1st quarter. Webster Bank N. A. now owns 8,810 shares of the company’s stock valued at $208,000 after buying an additional 1,545 shares during the period. Finally, MONECO Advisors LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at about $212,000.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Invesco BulletShares 2026 Municipal Bond ETF stock traded up $0.02 during trading on Friday, reaching $23.65. The company had a trading volume of 79,458 shares, compared to its average volume of 46,263. The firm’s 50-day simple moving average is $23.67 and its 200 day simple moving average 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 Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.054 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.65 annualized dividend and a yield of 2.74%.

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.