Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 43,000 shares, a growth of 430.9% from the January 15th total of 8,100 shares. Based on an average daily volume of 56,200 shares, the days-to-cover ratio is currently 0.8 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.3 %

Shares of NASDAQ:BSMU traded down $0.07 during trading on Wednesday, hitting $21.81. 31,156 shares of the company were exchanged, compared to its average volume of 55,345. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $21.51 and a fifty-two week high of $22.34. The firm has a fifty day moving average price of $21.84 and a two-hundred day moving average price of $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.0506 per share. The ex-dividend date was Tuesday, January 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BSMU. Hills Bank & Trust Co increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 477.0% during the 4th quarter. Hills Bank & Trust Co now owns 327,128 shares of the company’s stock worth $7,105,000 after acquiring an additional 270,434 shares during the last quarter. Confluence Investment Management LLC increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 1,979.2% during the 3rd quarter. Confluence Investment Management LLC now owns 265,118 shares of the company’s stock worth $5,872,000 after acquiring an additional 252,367 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at $3,738,000. Sanctuary Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at $2,890,000. Finally, Atria Investments Inc acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at $2,823,000.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.