Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Large Increase in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 31,300 shares, a growth of 78.9% from the September 15th total of 17,500 shares. Based on an average trading volume of 49,400 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Silverlake Wealth Management LLC raised its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 19.3% in the third quarter. Silverlake Wealth Management LLC now owns 13,083 shares of the company’s stock worth $311,000 after acquiring an additional 2,115 shares during the last quarter. CWM LLC lifted its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 722.2% during the 3rd quarter. CWM LLC now owns 11,420 shares of the company’s stock worth $271,000 after buying an additional 10,031 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter valued at $2,039,000. Truist Financial Corp bought a new position in Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter valued at $7,035,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 17.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 84,982 shares of the company’s stock valued at $1,997,000 after buying an additional 12,672 shares during the period.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.1 %

BSMQ stock opened at $23.65 on Monday. The business has a fifty day moving average price of $23.67 and a 200 day moving average price of $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 Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.054 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.74%.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.