Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Down 41.0% in June

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 39,362 shares, a decrease of 41.0% from the May 31st total of 66,766 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 59,017 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMS traded up $0.03 during trading on Wednesday, hitting $23.47. 28,670 shares of the company’s stock were exchanged, compared to its average volume of 53,002. The business’s 50-day simple moving average is $23.42 and its 200 day simple moving average is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 52-week low of $23.11 and a 52-week high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.0563 per share. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Hedge funds have recently modified their holdings of the stock. LPL Financial LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 478,530 shares of the company’s stock valued at $11,245,000 after acquiring an additional 51,111 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 60.0% during the 4th quarter. Invesco Ltd. now owns 379,068 shares of the company’s stock valued at $8,908,000 after purchasing an additional 142,158 shares during the last quarter. Truist Financial Corp grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 1.4% during the fourth quarter. Truist Financial Corp now owns 298,844 shares of the company’s stock valued at $7,023,000 after purchasing an additional 4,231 shares in the last quarter. Bank of America Corp DE grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 13.8% during the first quarter. Bank of America Corp DE now owns 292,733 shares of the company’s stock valued at $6,848,000 after purchasing an additional 35,458 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 25.5% in the fourth quarter. UBS Group AG now owns 226,787 shares of the company’s stock worth $5,329,000 after purchasing an additional 46,088 shares during the last quarter.

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.