Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMUGet Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 17,294 shares, a decline of 41.8% from the May 14th total of 29,718 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 50,376 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2030 Municipal Bond ETF Trading Up 0.1%

BSMU stock traded up $0.02 during midday trading on Monday, reaching $21.92. 11,765 shares of the stock were exchanged, compared to its average volume of 39,524. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $21.41 and a 52 week high of $22.31. The company has a fifty day moving average price of $21.90 and a 200 day moving average price of $22.02.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a dividend of $0.0531 per share. The ex-dividend date was Monday, May 18th. This represents a c) dividend on an annualized basis and a yield of 2.9%. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 81.8% in the first quarter. NewEdge Advisors LLC now owns 212,099 shares of the company’s stock worth $4,627,000 after acquiring an additional 95,462 shares during the period. Coastline Complete Wealth LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.4% in the first quarter. Coastline Complete Wealth LLC now owns 69,174 shares of the company’s stock worth $1,509,000 after acquiring an additional 6,533 shares during the period. Hobbs Group Advisors LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 30.4% in the first quarter. Hobbs Group Advisors LLC now owns 16,635 shares of the company’s stock worth $363,000 after acquiring an additional 3,880 shares during the period. Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 19.1% in the first quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock worth $5,836,000 after acquiring an additional 42,944 shares during the period. Finally, Envision Financial Planning LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 3.8% in the first quarter. Envision Financial Planning LLC now owns 80,344 shares of the company’s stock worth $1,753,000 after acquiring an additional 2,909 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

(Get Free Report)

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.

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