Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Sees Significant Growth in Short Interest

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 11,400 shares, an increase of 375.0% from the October 31st total of 2,400 shares. Based on an average trading volume of 37,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Invesco BulletShares 2028 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in BSMS. Sanctuary Advisors LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter worth about $379,000. Hobbs Group Advisors LLC raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 7.9% in the 3rd quarter. Hobbs Group Advisors LLC now owns 34,980 shares of the company’s stock worth $825,000 after buying an additional 2,574 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 3.3% during the 3rd quarter. MML Investors Services LLC now owns 45,636 shares of the company’s stock worth $1,076,000 after buying an additional 1,476 shares during the period. Stifel Financial Corp lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 385.0% during the 3rd quarter. Stifel Financial Corp now owns 55,780 shares of the company’s stock worth $1,315,000 after buying an additional 44,278 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 10.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 35,853 shares of the company’s stock valued at $845,000 after purchasing an additional 3,489 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMS traded up $0.07 during trading hours on Wednesday, reaching $23.55. The stock had a trading volume of 30,430 shares, compared to its average volume of 27,804. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $23.05 and a twelve month high of $23.81. The business’s fifty day moving average is $23.46 and its two-hundred day moving average is $23.38.

Invesco BulletShares 2028 Municipal Bond ETF Announces Dividend

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