Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 49.4% in March

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 4,000 shares, a decline of 49.4% from the February 28th total of 7,900 shares. Based on an average daily volume of 53,700 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of BSMU traded up $0.07 on Friday, hitting $21.56. The company’s stock had a trading volume of 64,033 shares, compared to its average volume of 39,537. The firm’s fifty day moving average price is $21.83 and its 200-day moving average price is $21.91. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $21.49 and a fifty-two week high of $22.25.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.0515 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Several large investors have recently made changes to their positions in the stock. Principal Securities Inc. acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at about $97,000. Collier Financial acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter worth $115,000. Crews Bank & Trust bought a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at $198,000. Wingate Wealth Advisors Inc. bought a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at $199,000. Finally, D.A. Davidson & CO. grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock valued at $229,000 after acquiring an additional 650 shares in the last quarter.

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.