Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Significant Growth in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 24,000 shares, an increase of 50.0% from the May 31st total of 16,000 shares. Based on an average daily trading volume, of 42,000 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. YHB Investment Advisors Inc. acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF during the 1st quarter worth about $45,000. First Command Advisory Services Inc. acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 1st quarter valued at approximately $46,000. Webster Bank N. A. raised its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 146.7% during the 4th quarter. Webster Bank N. A. now owns 7,265 shares of the company’s stock worth $173,000 after purchasing an additional 4,320 shares during the last quarter. Comerica Bank lifted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% in the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock worth $200,000 after purchasing an additional 7,748 shares during the period. Finally, MONECO Advisors LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter worth $212,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.0 %

Shares of BSMQ traded up $0.01 during trading hours on Friday, reaching $23.50. The stock had a trading volume of 26,781 shares, compared to its average volume of 43,564. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $22.81 and a 12 month high of $23.81. The company’s 50-day moving average is $23.47 and its two-hundred day moving average is $23.58.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.055 per share. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.66 annualized dividend and a dividend yield of 2.81%. The ex-dividend date was Monday, June 24th.

About Invesco BulletShares 2026 Municipal Bond ETF

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.