Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Decreases By 30.4%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 14,200 shares, a drop of 30.4% from the November 15th total of 20,400 shares. Based on an average daily volume of 37,800 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of large investors have recently modified their holdings of BSMU. First Command Advisory Services Inc. boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 82.1% in the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock valued at $82,000 after buying an additional 1,689 shares in the last quarter. Horizons Wealth Management boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 23.4% during the 2nd quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock worth $145,000 after purchasing an additional 1,250 shares in the last quarter. Arlington Capital Management Inc. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter worth $204,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 25.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock valued at $219,000 after purchasing an additional 2,047 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock valued at $229,000 after purchasing an additional 650 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

BSMU traded down $0.05 during trading on Friday, hitting $21.98. The stock had a trading volume of 7,587 shares, compared to its average volume of 30,583. Invesco BulletShares 2030 Municipal Bond ETF has a twelve month low of $21.51 and a twelve month high of $22.80. The company’s 50-day moving average price is $21.95 and its 200 day moving average price is $21.96.

Invesco BulletShares 2030 Municipal Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a dividend of $0.0539 per share. The ex-dividend date of this dividend was Monday, November 18th.

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.