Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Down 28.4% in October

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 19,900 shares, a drop of 28.4% from the October 15th total of 27,800 shares. Based on an average daily trading volume, of 41,100 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMQ traded up $0.01 during mid-day trading on Friday, hitting $23.65. 53,913 shares of the company traded hands, compared to its average volume of 45,128. Invesco BulletShares 2026 Municipal Bond ETF has a 52-week low of $23.29 and a 52-week high of $23.81. The firm’s 50 day simple moving average is $23.64 and its 200 day simple moving average is $23.58.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 2.79%. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, October 21st.

Hedge Funds Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the second quarter worth about $62,000. Hills Bank & Trust Co purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth approximately $121,000. River Street Advisors LLC purchased a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth approximately $155,000. Comerica Bank raised its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% in the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock valued at $200,000 after purchasing an additional 7,748 shares in the last quarter. Finally, Foundry Financial Group Inc. purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter valued at approximately $202,000.

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.