Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Decreases By 94.9%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,400 shares, a drop of 94.9% from the October 15th total of 46,800 shares. Based on an average daily volume of 35,100 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2028 Municipal Bond ETF Trading Down 0.0 %

NASDAQ:BSMS traded down $0.01 on Tuesday, hitting $23.44. The stock had a trading volume of 4,875 shares, compared to its average volume of 27,510. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $22.75 and a 1 year high of $23.81. The firm’s fifty day simple moving average is $23.47 and its two-hundred day simple moving average is $23.37.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a $0.057 dividend. The ex-dividend date was Monday, October 21st. This represents a $0.68 annualized dividend and a yield of 2.92%. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in BSMS. Avior Wealth Management LLC grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock valued at $133,000 after purchasing an additional 637 shares in the last quarter. First Command Advisory Services Inc. grew its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 73.7% during the 2nd quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock valued at $87,000 after buying an additional 1,584 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 18.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,611 shares of the company’s stock valued at $432,000 after buying an additional 2,847 shares during the period. Addison Advisors LLC lifted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 18.2% in the third quarter. Addison Advisors LLC now owns 24,705 shares of the company’s stock worth $583,000 after buying an additional 3,800 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 97.8% in the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock worth $204,000 after buying an additional 4,269 shares in the last quarter.

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.