Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Rises By 217.1%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 63,100 shares, a growth of 217.1% from the October 31st total of 19,900 shares. Based on an average daily trading volume, of 39,900 shares, the days-to-cover ratio is presently 1.6 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.1 %

BSMQ stock traded up $0.02 during mid-day trading on Friday, reaching $23.67. 5,358 shares of the stock traded hands, compared to its average volume of 44,664. The business has a 50-day moving average of $23.62 and a two-hundred day moving average of $23.59. Invesco BulletShares 2026 Municipal Bond ETF has a 52 week low of $23.36 and a 52 week high of $23.81.

Invesco BulletShares 2026 Municipal Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a $0.0555 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Truist Financial Corp bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the second quarter valued at approximately $7,035,000. Commonwealth Equity Services LLC raised its stake in Invesco BulletShares 2026 Municipal Bond ETF by 11.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 264,550 shares of the company’s stock valued at $6,216,000 after purchasing an additional 27,331 shares during the last quarter. Raymond James & Associates boosted its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 2.1% in the 2nd quarter. Raymond James & Associates now owns 146,033 shares of the company’s stock valued at $3,431,000 after purchasing an additional 2,964 shares during the period. NewEdge Advisors LLC grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 4.0% in the 2nd 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. grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 3.3% in the 2nd 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.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.