Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 75.0% in January

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 3,600 shares, a decline of 75.0% from the December 31st total of 14,400 shares. Based on an average trading volume of 47,700 shares, the short-interest ratio is currently 0.1 days.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Shares of BSMS traded down $0.02 on Tuesday, hitting $23.29. The company’s stock had a trading volume of 172,611 shares, compared to its average volume of 70,465. The firm’s fifty day moving average price is $23.39 and its 200-day moving average price is $23.42. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $23.05 and a fifty-two week high of $23.75.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.0541 per share. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, January 21st.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Webster Bank N. A. acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter valued at about $49,000. Avior Wealth Management LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the 3rd quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock valued at $133,000 after buying an additional 637 shares during the last quarter. Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at approximately $155,000. Foundry Financial Group Inc. acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter worth approximately $200,000. Finally, YANKCOM Partnership bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter worth approximately $199,000.

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.