Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Increases By 30.8%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 20,400 shares, a growth of 30.8% from the October 31st total of 15,600 shares. Based on an average daily volume of 34,000 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Institutional investors have recently bought and sold shares of the company. Hobbs Group Advisors LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 13.4% in the third quarter. Hobbs Group Advisors LLC now owns 17,059 shares of the company’s stock worth $378,000 after buying an additional 2,018 shares in the last quarter. MML Investors Services LLC lifted its position in Invesco BulletShares 2030 Municipal Bond ETF by 8.9% in the 3rd quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock valued at $307,000 after acquiring an additional 1,128 shares in the last quarter. Stifel Financial Corp purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter valued at $368,000. Integrated Wealth Concepts LLC increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 17,551 shares of the company’s stock worth $389,000 after purchasing an additional 1,123 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the third quarter worth $1,463,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of BSMU stock opened at $22.06 on Monday. The company’s fifty day moving average price is $21.96 and its 200-day moving average price is $21.94. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $21.51 and a 12 month high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0539 dividend. The ex-dividend date was Monday, November 18th.

About Invesco BulletShares 2030 Municipal Bond ETF

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.