Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 43,000 shares, an increase of 430.9% from the January 15th total of 8,100 shares. Based on an average trading volume of 56,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSMU. Principal Securities Inc. bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at about $97,000. Collier Financial bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter valued at approximately $115,000. Crews Bank & Trust acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth approximately $198,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter worth approximately $199,000. Finally, Arlington Capital Management Inc. bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter worth approximately $204,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ BSMU opened at $21.81 on Thursday. The business has a 50 day moving average price of $21.83 and a two-hundred day moving average price of $21.94. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $21.51 and a fifty-two week high of $22.34.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.0506 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.