Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Update

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,800 shares, an increase of 10,700.0% from the September 30th total of 100 shares. Based on an average trading volume of 34,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2024 Municipal Bond ETF

Several large investors have recently modified their holdings of BSMO. First Command Advisory Services Inc. acquired a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 1st quarter valued at approximately $55,000. Addison Advisors LLC boosted its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 13.8% in the second quarter. Addison Advisors LLC now owns 6,570 shares of the company’s stock valued at $163,000 after buying an additional 795 shares during the period. Diversify Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the second quarter worth $200,000. CRA Financial Services LLC acquired a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the second quarter worth $223,000. Finally, Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter valued at $325,000.

Invesco BulletShares 2024 Municipal Bond ETF Trading Down 0.1 %

BSMO opened at $24.79 on Friday. Invesco BulletShares 2024 Municipal Bond ETF has a twelve month low of $24.54 and a twelve month high of $24.98. The firm’s fifty day moving average is $24.84 and its two-hundred day moving average is $24.82.

Invesco BulletShares 2024 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be issued a dividend of $0.057 per share. The ex-dividend date of this dividend is Monday, October 21st. This is a positive change from Invesco BulletShares 2024 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.68 annualized dividend and a yield of 2.76%.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.