Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Decreases By 28.4%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 19,900 shares, a drop of 28.4% from the October 15th total of 27,800 shares. Based on an average trading volume of 41,100 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Down 0.1 %

NASDAQ:BSMQ traded down $0.02 during trading hours on Thursday, reaching $23.63. 27,950 shares of the company traded hands, compared to its average volume of 45,081. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $23.22 and a 1 year high of $23.81. The business’s 50-day moving average price is $23.64 and its two-hundred day moving average price is $23.58.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.055 per share. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.79%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the second quarter worth about $62,000. Hills Bank & Trust Co purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter valued at about $121,000. River Street Advisors LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth about $155,000. Comerica Bank lifted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% during the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock worth $200,000 after purchasing an additional 7,748 shares during the last quarter. Finally, Foundry Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth approximately $202,000.

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.