Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Decreases By 51.0%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 37,400 shares, a decline of 51.0% from the June 30th total of 76,300 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is currently 0.8 days.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Shares of BSMQ traded up $0.03 on Friday, hitting $23.60. The company’s stock had a trading volume of 51,190 shares, compared to its average volume of 44,089. The firm’s fifty day moving average price is $23.50 and its 200-day moving average price is $23.56. Invesco BulletShares 2026 Municipal Bond ETF has a fifty-two week low of $22.81 and a fifty-two week high of $23.81.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a $0.058 dividend. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.70 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Monday, July 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Confluence Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the first quarter valued at approximately $5,540,000. CreativeOne Wealth LLC bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 1st quarter worth about $1,885,000. Hobbs Group Advisors LLC bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter worth about $842,000. Precedent Wealth Partners LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter worth about $823,000. Finally, River Street Advisors LLC bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at about $752,000.

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.