Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Increases By 223.4%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 67,600 shares, an increase of 223.4% from the January 31st total of 20,900 shares. Based on an average trading volume of 55,300 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several hedge funds have recently modified their holdings of BSMS. Hills Bank & Trust Co acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter worth about $155,000. Key Financial Inc lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 2.8% during the 3rd quarter. Key Financial Inc now owns 155,599 shares of the company’s stock valued at $3,669,000 after buying an additional 4,275 shares in the last quarter. Addison Advisors LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 18.2% in the 3rd quarter. Addison Advisors LLC now owns 24,705 shares of the company’s stock worth $583,000 after acquiring an additional 3,800 shares in the last quarter. Aptus Capital Advisors LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 97.8% during the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock worth $204,000 after acquiring an additional 4,269 shares during the period. Finally, Paulson Wealth Management Inc. lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 56.9% during the third quarter. Paulson Wealth Management Inc. now owns 17,856 shares of the company’s stock valued at $421,000 after purchasing an additional 6,475 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSMS traded up $0.04 during trading hours on Friday, reaching $23.54. The stock had a trading volume of 12,599 shares, compared to its average volume of 57,717. Invesco BulletShares 2028 Municipal Bond ETF has a 52-week low of $23.05 and a 52-week high of $23.72. The business’s fifty day moving average price is $23.34 and its two-hundred day moving average price is $23.42.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 24th will be given a dividend of $0.0532 per share. The ex-dividend date is Monday, February 24th.

About Invesco BulletShares 2028 Municipal Bond ETF

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.