Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Up 150.7% in January

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 35,984 shares, a growth of 150.7% from the December 31st total of 14,351 shares. Based on an average daily trading volume, of 50,164 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 50,164 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Beacon Pointe Advisors LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 2.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 17,350 shares of the company’s stock worth $394,000 after acquiring an additional 446 shares in the last quarter. WealthBridge Capital Management LLC increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.6% in the 2nd quarter. WealthBridge Capital Management LLC now owns 12,837 shares of the company’s stock valued at $292,000 after purchasing an additional 680 shares during the period. Farmers National Bank lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2.3% in the second quarter. Farmers National Bank now owns 48,095 shares of the company’s stock worth $1,092,000 after purchasing an additional 1,104 shares in the last quarter. Equitable Holdings Inc. boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 4.0% during the third quarter. Equitable Holdings Inc. now owns 35,652 shares of the company’s stock worth $824,000 after purchasing an additional 1,372 shares during the period. Finally, Central Valley Advisors LLC grew its position in Invesco BulletShares 2029 Municipal Bond ETF by 0.7% during the third quarter. Central Valley Advisors LLC now owns 189,886 shares of the company’s stock valued at $4,386,000 after purchasing an additional 1,378 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.26 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $21.87 and a fifty-two week high of $23.30. The firm’s 50 day simple moving average is $23.17 and its 200-day simple moving average is $23.06.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.0508 dividend. The ex-dividend date was Tuesday, January 20th. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.