Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Sees Significant Growth in Short Interest

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 11,400 shares, an increase of 375.0% from the October 31st total of 2,400 shares. Based on an average daily volume of 37,000 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Large investors have recently bought and sold shares of the business. First Command Advisory Services Inc. lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the second quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock worth $87,000 after acquiring an additional 1,584 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after acquiring an additional 637 shares during the last quarter. Hills Bank & Trust Co bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the third quarter valued at approximately $155,000. Foundry Financial Group Inc. bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the third quarter valued at approximately $200,000. Finally, Aptus Capital Advisors LLC raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 97.8% during the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock valued at $204,000 after buying an additional 4,269 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.3 %

NASDAQ BSMS traded up $0.07 during trading hours on Thursday, hitting $23.55. The company had a trading volume of 30,430 shares, compared to its average volume of 27,804. The firm’s 50 day moving average is $23.46 and its 200 day moving average is $23.38. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $23.05 and a fifty-two week high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a $0.0547 dividend. The ex-dividend date was Monday, November 18th.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.