Short Interest in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Rises By 31.9%

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 49,589 shares, a growth of 31.9% from the December 15th total of 37,606 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 91,525 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 91,525 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Large investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter valued at $34,000. NewEdge Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter valued at $56,000. Painted Porch Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the third quarter valued at $85,000. First Command Advisory Services Inc. grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 28.3% during the second quarter. First Command Advisory Services Inc. now owns 5,035 shares of the company’s stock valued at $108,000 after acquiring an additional 1,112 shares during the period. Finally, ORG Partners LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the third quarter worth about $140,000.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMU opened at $22.17 on Friday. The stock’s 50-day moving average price is $22.04 and its two-hundred day moving average price is $21.88. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $20.59 and a 12-month high of $22.19.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.0489 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a yield of 2.6%.

About Invesco BulletShares 2030 Municipal Bond ETF

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.