Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Declines By 55.5%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 19,500 shares, a decrease of 55.5% from the March 15th total of 43,800 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 59,300 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of BSMQ. Farther Finance Advisors LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at about $38,000. Principal Securities Inc. lifted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 1,316.1% in the 4th quarter. Principal Securities Inc. now owns 3,965 shares of the company’s stock worth $93,000 after purchasing an additional 3,685 shares in the last quarter. Crews Bank & Trust purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter valued at $200,000. Members Wealth LLC bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the first quarter worth $200,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter valued at $201,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Down 0.2 %

NASDAQ:BSMQ traded down $0.06 during mid-day trading on Thursday, hitting $23.34. 17,803 shares of the company’s stock were exchanged, compared to its average volume of 58,106. The company has a 50 day simple moving average of $23.59 and a 200-day simple moving average of $23.62. Invesco BulletShares 2026 Municipal Bond ETF has a fifty-two week low of $23.04 and a fifty-two week high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0534 per share. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

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.