Invesco BulletShares (R) 2023 Municipal Bond ETF (NASDAQ:BSMN) Short Interest Down 46.7% in March

Invesco BulletShares (R) 2023 Municipal Bond ETF (NASDAQ:BSMN – Get Rating) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 2,400 shares, a decline of 46.7% from the March 15th total of 4,500 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.2 days.

BSMN stock opened at $25.09 on Friday. The business has a 50-day simple moving average of $25.28 and a 200 day simple moving average of $25.48. Invesco BulletShares has a 52 week low of $25.09 and a 52 week high of $25.76.

The business also recently declared a monthly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 22nd were paid a $0.01 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend was Monday, March 21st. This is an increase from Invesco BulletShares (R) 2023 Municipal Bond ETF’s previous monthly dividend of $0.01.

A number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in Invesco BulletShares (R) 2023 Municipal Bond ETF by 14.3% during the fourth quarter. Bank of America Corp DE now owns 149,719 shares of the company’s stock worth $3,833,000 after acquiring an additional 18,783 shares in the last quarter. Jane Street Group LLC raised its stake in Invesco BulletShares (R) 2023 Municipal Bond ETF by 538.0% during the third quarter. Jane Street Group LLC now owns 100,424 shares of the company’s stock worth $2,575,000 after acquiring an additional 84,683 shares in the last quarter. Carnegie Capital Asset Management LLC raised its stake in Invesco BulletShares (R) 2023 Municipal Bond ETF by 2.4% during the first quarter. Carnegie Capital Asset Management LLC now owns 52,805 shares of the company’s stock worth $1,331,000 after acquiring an additional 1,242 shares in the last quarter. Stephens Inc. AR raised its stake in Invesco BulletShares (R) 2023 Municipal Bond ETF by 9.4% during the third quarter. Stephens Inc. AR now owns 34,750 shares of the company’s stock worth $891,000 after acquiring an additional 3,000 shares in the last quarter. Finally, BCS Wealth Management raised its stake in Invesco BulletShares (R) 2023 Municipal Bond ETF by 12.7% during the fourth quarter. BCS Wealth Management now owns 34,538 shares of the company’s stock worth $884,000 after acquiring an additional 3,898 shares in the last quarter.

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