Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update
by Renee Jackson · The Cerbat GemInvesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS – Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 26,536 shares, a growth of 143.5% from the March 31st total of 10,896 shares. Based on an average trading volume of 53,334 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.
Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Addison Advisors LLC raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 2.2% in the fourth quarter. Addison Advisors LLC now owns 26,355 shares of the company’s stock valued at $619,000 after purchasing an additional 570 shares in the last quarter. Central Valley Advisors LLC raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 0.3% in the fourth quarter. Central Valley Advisors LLC now owns 187,322 shares of the company’s stock valued at $4,402,000 after purchasing an additional 621 shares in the last quarter. Royal Bank of Canada raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 6.2% in the first quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock valued at $247,000 after purchasing an additional 625 shares in the last quarter. Howard Wealth Management LLC raised its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 5.1% during the third quarter. Howard Wealth Management LLC now owns 15,541 shares of the company’s stock worth $364,000 after acquiring an additional 755 shares in the last quarter. Finally, Farmers National Bank raised its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 2.0% during the fourth quarter. Farmers National Bank now owns 53,848 shares of the company’s stock worth $1,265,000 after acquiring an additional 1,065 shares in the last quarter.
Invesco BulletShares 2028 Municipal Bond ETF Price Performance
Shares of BSMS stock traded up $0.02 during trading hours on Friday, reaching $23.44. The stock had a trading volume of 26,693 shares, compared to its average volume of 50,914. The stock’s fifty day simple moving average is $23.53 and its 200 day simple moving average is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.87 and a 12 month high of $23.70.
Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were paid a $0.0516 dividend. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, April 20th.
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.