Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Declines By 49.4%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant 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. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 53,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Securities Inc. purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at about $97,000. Collier Financial purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter worth about $115,000. Crews Bank & Trust purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at approximately $198,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter worth $199,000. Finally, D.A. Davidson & CO. boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after purchasing an additional 650 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Trading Up 0.3 %

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

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company 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. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.