Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 66,766 shares, an increase of 78.4% from the May 14th total of 37,426 shares. Based on an average trading volume of 71,619 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are sold short.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.1%

Shares of NASDAQ BSMS traded up $0.03 during trading on Tuesday, reaching $23.46. The company had a trading volume of 41,914 shares, compared to its average volume of 52,675. Invesco BulletShares 2028 Municipal Bond ETF has a 12-month low of $23.11 and a 12-month high of $23.70. The business’s 50-day moving average is $23.42 and its 200 day moving average is $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a $0.0556 dividend. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, May 18th.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

A number of large investors have recently made changes to their positions in BSMS. Western Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter valued at $51,000. Private Trust Co. NA grew its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 464.6% during the 4th quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock valued at $83,000 after buying an additional 2,904 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at approximately $92,000. Capital Analysts LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at approximately $156,000. Finally, Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter valued at approximately $160,000.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.