Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Down 99.8% in November

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 700 shares, a drop of 99.8% from the October 31st total of 300,200 shares. Based on an average trading volume of 39,600 shares, the days-to-cover ratio is currently 0.0 days.

Invesco BulletShares 2024 Municipal Bond ETF Stock Performance

Shares of BSMO stock remained flat at $24.80 on Wednesday. The company had a trading volume of 6,696 shares, compared to its average volume of 39,459. Invesco BulletShares 2024 Municipal Bond ETF has a twelve month low of $24.64 and a twelve month high of $24.98. The stock’s fifty day moving average is $24.83 and its two-hundred day moving average is $24.83.

Invesco BulletShares 2024 Municipal Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were issued a $0.0535 dividend. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Invesco BulletShares 2024 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dover Advisors LLC raised its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 1.8% during the 2nd quarter. Dover Advisors LLC now owns 22,418 shares of the company’s stock worth $556,000 after buying an additional 404 shares in the last quarter. Asset Dedication LLC lifted its position in Invesco BulletShares 2024 Municipal Bond ETF by 0.5% in the third quarter. Asset Dedication LLC now owns 104,117 shares of the company’s stock worth $2,584,000 after purchasing an additional 553 shares during the period. AA Financial Advisors LLC boosted its stake in Invesco BulletShares 2024 Municipal Bond ETF by 1.7% during the 3rd quarter. AA Financial Advisors LLC now owns 35,509 shares of the company’s stock valued at $881,000 after purchasing an additional 608 shares in the last quarter. Addison Advisors LLC increased its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 10.2% during the 3rd quarter. Addison Advisors LLC now owns 7,240 shares of the company’s stock valued at $180,000 after purchasing an additional 670 shares during the period. Finally, Precedent Wealth Partners LLC raised its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 1.9% in the 2nd quarter. Precedent Wealth Partners LLC now owns 37,404 shares of the company’s stock worth $928,000 after buying an additional 685 shares in the last quarter.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.