Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 35.6% in June

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 11,136 shares, a decline of 35.6% from the May 31st total of 17,294 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 36,667 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.1%

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock traded down $0.02 on Thursday, hitting $21.88. 2,200 shares of the company’s stock traded hands, compared to its average volume of 45,207. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $21.41 and a one year high of $22.31. The company has a fifty day moving average of $21.89 and a two-hundred day moving average of $22.01.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0527 dividend. This represents a c) annualized dividend and a yield of 2.9%. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% in the 1st quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock valued at $301,000 after acquiring an additional 1,265 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth $56,000. Jones Financial Companies Lllp grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 104.5% in the first quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock worth $223,000 after purchasing an additional 4,836 shares during the period. Jane Street Group LLC increased its stake in Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the first quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock valued at $4,646,000 after purchasing an additional 123,496 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Invesco BulletShares 2030 Municipal Bond ETF by 1.4% in the second quarter. Invesco Ltd. now owns 159,854 shares of the company’s stock valued at $3,437,000 after purchasing an additional 2,218 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.