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

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 19,900 shares, a drop of 28.4% from the October 15th total of 27,800 shares. Based on an average daily volume of 41,100 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.1 %

Shares of BSMQ traded up $0.01 on Friday, reaching $23.65. The stock had a trading volume of 53,913 shares, compared to its average volume of 45,128. The company has a 50-day simple moving average of $23.64 and a 200-day simple moving average of $23.58. Invesco BulletShares 2026 Municipal Bond ETF has a 12-month low of $23.29 and a 12-month high of $23.81.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Monday, October 21st. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Truist Financial Corp purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF during the second quarter valued at $7,035,000. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 11.5% in the second quarter. Commonwealth Equity Services LLC now owns 264,550 shares of the company’s stock worth $6,216,000 after purchasing an additional 27,331 shares during the last quarter. Raymond James & Associates raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 2.1% in the second quarter. Raymond James & Associates now owns 146,033 shares of the company’s stock worth $3,431,000 after purchasing an additional 2,964 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 4.0% in the second quarter. NewEdge Advisors LLC now owns 127,504 shares of the company’s stock worth $2,996,000 after purchasing an additional 4,937 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 112,635 shares of the company’s stock worth $2,646,000 after purchasing an additional 3,623 shares during the last quarter.

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.