Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Update

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 16,200 shares, a decrease of 80.1% from the December 15th total of 81,300 shares. Based on an average trading volume of 44,700 shares, the days-to-cover ratio is currently 0.4 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

BSMQ stock traded down $0.04 during midday trading on Monday, hitting $23.56. The company’s stock had a trading volume of 18,930 shares, compared to its average volume of 55,379. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $23.36 and a 12 month high of $23.85. The firm’s 50-day moving average is $23.64 and its 200-day moving average is $23.63.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0539 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of BSMQ. Truist Financial Corp bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at $7,035,000. Sanctuary Advisors LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter worth $2,039,000. CreativeOne Wealth LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter worth $1,899,000. Stifel Financial Corp increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 354.4% in the 3rd quarter. Stifel Financial Corp now owns 53,604 shares of the company’s stock worth $1,273,000 after purchasing an additional 41,807 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter worth $933,000.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.