Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Up 171.4% in March

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 5,700 shares, a growth of 171.4% from the February 29th total of 2,100 shares. Based on an average daily volume of 53,600 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2024 Municipal Bond ETF

Several large investors have recently bought and sold shares of the business. Stonebridge Capital Advisors LLC acquired a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the 1st quarter worth $37,000. Harbour Investments Inc. bought a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the second quarter worth about $70,000. Parallel Advisors LLC bought a new position in Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter worth about $75,000. CWM LLC boosted its stake in Invesco BulletShares 2024 Municipal Bond ETF by 142.2% in the third quarter. CWM LLC now owns 3,258 shares of the company’s stock valued at $80,000 after acquiring an additional 1,913 shares in the last quarter. Finally, Tyler Stone Wealth Management purchased a new stake in Invesco BulletShares 2024 Municipal Bond ETF in the second quarter valued at about $95,000.

Invesco BulletShares 2024 Municipal Bond ETF Stock Down 0.0 %

BSMO stock traded down $0.01 during trading on Thursday, reaching $24.75. 13,445 shares of the stock were exchanged, compared to its average volume of 51,936. The stock has a 50 day simple moving average of $24.79 and a 200-day simple moving average of $24.78. Invesco BulletShares 2024 Municipal Bond ETF has a twelve month low of $24.54 and a twelve month high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.0537 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.61%. The ex-dividend date was Monday, March 18th.

About Invesco BulletShares 2024 Municipal Bond ETF

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.