Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Increases By 82.1%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 71,680 shares, a growth of 82.1% from the June 15th total of 39,362 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 55,717 shares, the days-to-cover ratio is presently 1.3 days.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMS opened at $23.45 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a 12-month low of $23.11 and a 12-month high of $23.70. The firm has a fifty day moving average of $23.42 and a two-hundred day moving average of $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0563 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2028 Municipal Bond ETF

Several large investors have recently made changes to their positions in BSMS. Invariant Investment Management boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 0.7% during the second quarter. Invariant Investment Management now owns 113,415 shares of the company’s stock worth $2,665,000 after purchasing an additional 767 shares during the period. Clark Asset Management LLC lifted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 16.1% in the second quarter. Clark Asset Management LLC now owns 92,975 shares of the company’s stock worth $2,179,000 after buying an additional 12,892 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 13.8% in the first quarter. NewEdge Advisors LLC now owns 207,553 shares of the company’s stock worth $4,856,000 after buying an additional 25,220 shares during the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter worth $3,237,000. Finally, Coastline Complete Wealth LLC boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 132.9% during the 1st quarter. Coastline Complete Wealth LLC now owns 166,667 shares of the company’s stock worth $3,899,000 after buying an additional 95,112 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

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.