Invesco BulletShares (R) 2022 Municipal Bond ETF (NASDAQ:BSMM) Sees Significant Growth in Short Interest

Invesco BulletShares (R) 2022 Municipal Bond ETF (NASDAQ:BSMM – Get Rating) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 9,100 shares, a growth of 75.0% from the April 15th total of 5,200 shares. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is currently 0.4 days.

Shares of NASDAQ:BSMM opened at $25.29 on Friday. Invesco BulletShares has a 12-month low of $25.17 and a 12-month high of $25.61. The business has a 50 day moving average of $25.29 and a two-hundred day moving average of $25.34.

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 29th. Stockholders of record on Tuesday, April 19th were given a $0.005 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend was Monday, April 18th.

Several institutional investors have recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in shares of Invesco BulletShares (R) 2022 Municipal Bond ETF in the first quarter valued at approximately $239,000. Cetera Advisors LLC increased its position in shares of Invesco BulletShares (R) 2022 Municipal Bond ETF by 252.2% during the first quarter. Cetera Advisors LLC now owns 27,937 shares of the company’s stock worth $706,000 after purchasing an additional 20,005 shares in the last quarter. Raymond James & Associates purchased a new stake in shares of Invesco BulletShares (R) 2022 Municipal Bond ETF during the first quarter worth approximately $757,000. Advisor Group Holdings Inc. increased its position in shares of Invesco BulletShares (R) 2022 Municipal Bond ETF by 546.8% during the first quarter. Advisor Group Holdings Inc. now owns 123,019 shares of the company’s stock worth $3,109,000 after purchasing an additional 103,998 shares in the last quarter. Finally, Stephens Inc. AR increased its position in shares of Invesco BulletShares (R) 2022 Municipal Bond ETF by 74.3% during the first quarter. Stephens Inc. AR now owns 17,475 shares of the company’s stock worth $442,000 after purchasing an additional 7,450 shares in the last quarter.

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