Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Sees Significant Growth in Short Interest

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large increase in short interest in 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 trading volume of 37,000 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMS traded up $0.07 during mid-day trading on Wednesday, reaching $23.55. 30,430 shares of the company traded hands, compared to its average volume of 27,804. The company’s fifty day moving average is $23.46 and its two-hundred day moving average is $23.38. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $23.05 and a fifty-two week high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

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

Institutional Trading of Invesco BulletShares 2028 Municipal Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bill Few Associates Inc. grew its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 33.5% in the 2nd quarter. Bill Few Associates Inc. now owns 17,142 shares of the company’s stock valued at $398,000 after buying an additional 4,305 shares during the last quarter. MONECO Advisors LLC grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 147.4% in the second quarter. MONECO Advisors LLC now owns 33,398 shares of the company’s stock worth $776,000 after acquiring an additional 19,896 shares during the last quarter. Hobbs Group Advisors LLC bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the second quarter worth $753,000. Precedent Wealth Partners LLC raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 19.1% during the 2nd quarter. Precedent Wealth Partners LLC now owns 58,849 shares of the company’s stock valued at $1,367,000 after purchasing an additional 9,418 shares during the last quarter. Finally, Paulson Wealth Management Inc. bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 2nd quarter valued at $264,000.

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.