Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Sees Large Increase in Short Interest

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 26,600 shares, a growth of 133.3% from the November 15th total of 11,400 shares. Based on an average daily volume of 41,400 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 385.0% during the third quarter. Stifel Financial Corp now owns 55,780 shares of the company’s stock valued at $1,315,000 after buying an additional 44,278 shares during the period. HighTower Advisors LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at approximately $925,000. Hobbs Group Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 2nd quarter worth $753,000. MONECO Advisors LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 147.4% during the second quarter. MONECO Advisors LLC now owns 33,398 shares of the company’s stock worth $776,000 after acquiring an additional 19,896 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF during the third quarter valued at $379,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

NASDAQ:BSMS opened at $23.48 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $23.05 and a twelve month high of $23.81. The company’s 50 day moving average is $23.46 and its two-hundred day moving average is $23.41.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were issued a $0.0547 dividend. The ex-dividend date of this dividend was Monday, November 18th.

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.