Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 30.4% in November

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 14,200 shares, a decrease of 30.4% from the November 15th total of 20,400 shares. Based on an average daily trading volume, of 37,800 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Large investors have recently modified their holdings of the stock. D.A. Davidson & CO. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after purchasing an additional 650 shares during the period. Integrated Wealth Concepts LLC increased its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 17,551 shares of the company’s stock valued at $389,000 after buying an additional 1,123 shares in the last quarter. MML Investors Services LLC raised its stake in Invesco BulletShares 2030 Municipal Bond ETF by 8.9% during the 3rd quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock worth $307,000 after buying an additional 1,128 shares during the period. Horizons Wealth Management boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 23.4% in the second quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock worth $145,000 after acquiring an additional 1,250 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its stake in Invesco BulletShares 2030 Municipal Bond ETF by 82.1% in the second quarter. First Command Advisory Services Inc. now owns 3,746 shares of the company’s stock valued at $82,000 after acquiring an additional 1,689 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

BSMU traded down $0.05 during trading on Friday, reaching $21.98. 7,587 shares of the stock traded hands, compared to its average volume of 30,583. The stock’s 50-day moving average is $21.95 and its 200 day moving average is $21.96. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $21.51 and a 12 month high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a dividend of $0.0539 per share. The ex-dividend date was Monday, November 18th.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.