Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 75.0% in December

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 3,600 shares, a decline of 75.0% from the December 15th total of 14,400 shares. Based on an average daily volume of 47,700 shares, the days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ:BSMS remained flat at $23.18 on Tuesday. 14,047 shares of the company’s stock traded hands, compared to its average volume of 46,031. Invesco BulletShares 2028 Municipal Bond ETF has a 52-week low of $23.05 and a 52-week high of $23.75. The firm’s 50-day simple moving average is $23.42 and its two-hundred day simple moving average is $23.42.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0516 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Large investors have recently made changes to their positions in the business. Avior Wealth Management LLC boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the 3rd quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after buying an additional 637 shares during the last quarter. Hills Bank & Trust Co purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter valued at about $155,000. Foundry Financial Group Inc. bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at approximately $200,000. Aptus Capital Advisors LLC increased its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 97.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock worth $204,000 after purchasing an additional 4,269 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth approximately $245,000.

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.