Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Shares Shorted: Short Interest Down 71.6% in September

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 16,685 shares, a decline of 71.6% from the September 15th total of 58,730 shares. Based on an average daily volume of 72,518 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2026 Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC raised its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 255.4% during the second quarter. Citadel Advisors LLC now owns 46,881 shares of the company’s stock valued at $1,104,000 after purchasing an additional 33,689 shares during the last quarter. Horizons Wealth Management bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter worth approximately $536,000. Asset Dedication LLC grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 12.8% in the 1st quarter. Asset Dedication LLC now owns 204,265 shares of the company’s stock worth $4,826,000 after purchasing an additional 23,201 shares during the period. Bank of America Corp DE grew its position in Invesco BulletShares 2026 Municipal Bond ETF by 26.6% in the 1st quarter. Bank of America Corp DE now owns 554,816 shares of the company’s stock worth $13,108,000 after purchasing an additional 116,540 shares during the period. Finally, Coastline Complete Wealth LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter valued at $3,704,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

BSMQ traded down $0.02 during trading on Monday, reaching $23.41. The stock had a trading volume of 17,617 shares, compared to its average volume of 70,406. Invesco BulletShares 2026 Municipal Bond ETF has a 1-year low of $23.33 and a 1-year high of $23.75. The stock has a 50 day moving average of $23.49 and a two-hundred day moving average of $23.54.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a dividend of $0.0531 per share. This is a drop from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.0554. This represents a $0.64 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, September 21st.

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.