Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 33,300 shares, a growth of 20.7% from the June 30th total of 27,600 shares. Based on an average trading volume of 25,800 shares, the short-interest ratio is presently 1.3 days.
Invesco BulletShares 2029 Municipal Bond ETF Price Performance
Shares of BSMT traded up $0.03 on Tuesday, hitting $23.06. 31,641 shares of the stock traded hands, compared to its average volume of 29,924. The business has a 50 day simple moving average of $22.98 and a 200 day simple moving average of $23.13. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $21.80 and a one year high of $23.59.
Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a dividend of $0.056 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $0.67 annualized dividend and a dividend yield of 2.91%. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06.
Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF
About Invesco BulletShares 2029 Municipal Bond ETF
The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.
Featured Articles
- Five stocks we like better than Invesco BulletShares 2029 Municipal Bond ETF
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- AbbVie Analysts Lead the Stock Higher as Humira Worries Recede
- How to Use Stock Screeners to Find Stocks
- Harley-Davidson Stock Revs Up With Billion Dollar Buyback Program
- How Can Investors Benefit From After-Hours Trading
- Cruise Line Stock Sinks Despite Beating EPS and Raised Guidance
Receive News & Ratings for Invesco BulletShares 2029 Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2029 Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.