Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Sees Significant Increase in Short Interest

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 46,200 shares, a growth of 36.7% from the May 15th total of 33,800 shares. Based on an average daily volume of 20,400 shares, the short-interest ratio is currently 2.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Several large investors have recently made changes to their positions in the stock. Envision Financial Planning LLC increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.7% during the first quarter. Envision Financial Planning LLC now owns 177,185 shares of the company’s stock worth $3,919,000 after acquiring an additional 14,232 shares in the last quarter. Pineridge Advisors LLC bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter worth $2,791,000. CGN Advisors LLC increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 5.2% during the fourth quarter. CGN Advisors LLC now owns 100,306 shares of the company’s stock worth $2,249,000 after acquiring an additional 4,980 shares in the last quarter. Key Financial Inc increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 17.9% during the fourth quarter. Key Financial Inc now owns 84,525 shares of the company’s stock worth $1,895,000 after acquiring an additional 12,825 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the first quarter. Atlantic Union Bankshares Corp now owns 70,974 shares of the company’s stock worth $1,570,000 after acquiring an additional 4,434 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Up 0.1 %

Shares of BSMU stock traded up $0.03 during trading hours on Friday, hitting $21.98. 7,327 shares of the company were exchanged, compared to its average volume of 21,811. The business has a 50 day moving average of $21.82 and a two-hundred day moving average of $22.08. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $20.57 and a 52 week high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 21st were given a dividend of $0.0546 per share. This represents a $0.66 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Monday, May 20th.

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.