Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 80.0% in April

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMUGet Rating) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totalling 100 shares, a drop of 80.0% from the April 15th total of 500 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is currently 0.0 days.

A number of hedge funds have recently modified their holdings of the business. Confluence Investment Management LLC raised its stake in Invesco BulletShares 2030 Municipal Bond ETF by 109.6% during the first quarter. Confluence Investment Management LLC now owns 175,109 shares of the company’s stock worth $4,059,000 after purchasing an additional 91,550 shares during the period. Royal Bank of Canada raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 15.1% in the 3rd quarter. Royal Bank of Canada now owns 73,586 shares of the company’s stock valued at $1,864,000 after acquiring an additional 9,681 shares during the period. Invesco Ltd. purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at approximately $715,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 5.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,392 shares of the company’s stock valued at $573,000 after acquiring an additional 1,237 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 66.5% in the 4th quarter. Bank of America Corp DE now owns 17,650 shares of the company’s stock valued at $451,000 after acquiring an additional 7,051 shares during the period.

Shares of NASDAQ:BSMU traded down $0.11 during midday trading on Wednesday, hitting $21.60. The company’s stock had a trading volume of 6,393 shares, compared to its average volume of 5,054. The business’s 50 day moving average is $22.92. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $21.59 and a 12-month high of $26.07.

The company also recently announced a monthly dividend, which was paid on Friday, April 29th. Shareholders of record on Tuesday, April 19th were paid a dividend of $0.034 per share. The ex-dividend date was Monday, April 18th. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.03. This represents a $0.41 dividend on an annualized basis and a yield of 1.89%.

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