Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Up 375.0% in November

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 11,400 shares, an increase of 375.0% from the October 31st total of 2,400 shares. Based on an average daily volume of 37,000 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of BSMS traded up $0.02 on Friday, reaching $23.57. 2,516 shares of the stock traded hands, compared to its average volume of 27,695. The stock’s 50-day moving average price is $23.46 and its 200-day moving average price is $23.38. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $23.05 and a 12 month high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0547 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Trading of Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors have recently bought and sold shares of the stock. First Command Advisory Services Inc. boosted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the 2nd quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock valued at $87,000 after buying an additional 1,584 shares in the last quarter. Avior Wealth Management LLC boosted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after purchasing an additional 637 shares in the last quarter. Hills Bank & Trust Co acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter worth $155,000. Foundry Financial Group Inc. acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter worth $200,000. Finally, Aptus Capital Advisors LLC boosted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 97.8% in the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock worth $204,000 after purchasing an additional 4,269 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

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.