Short Interest in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Grows By 21.4%

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMTGet Rating) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,700 shares, an increase of 21.4% from the March 15th total of 1,400 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 0.3 days.

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.44 on Tuesday. The stock’s 50 day moving average price is $24.48. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $23.37 and a 1-year high of $26.54.

The company also recently declared a monthly dividend, which will be paid on Friday, April 29th. Stockholders of record on Tuesday, April 19th will be issued a dividend of $0.028 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Monday, April 18th. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.03.

Large investors have recently modified their holdings of the stock. Wells Fargo & Company MN increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 21.4% in the 2nd quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock valued at $75,000 after acquiring an additional 501 shares during the period. Bank of America Corp DE increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 2.8% in the 2nd quarter. Bank of America Corp DE now owns 20,510 shares of the company’s stock valued at $537,000 after acquiring an additional 557 shares during the period. Morgan Stanley increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 3.8% in the 3rd quarter. Morgan Stanley now owns 47,329 shares of the company’s stock valued at $1,227,000 after acquiring an additional 1,752 shares during the period. Confluence Investment Management LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 2.8% in the 4th quarter. Confluence Investment Management LLC now owns 81,775 shares of the company’s stock valued at $2,136,000 after acquiring an additional 2,218 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 30.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,401 shares of the company’s stock valued at $376,000 after acquiring an additional 3,379 shares during the period.

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