Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Short Interest Up 56.4% in March

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 43,800 shares, an increase of 56.4% from the February 28th total of 28,000 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 58,500 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.2 %

NASDAQ:BSMQ opened at $23.61 on Tuesday. The business has a 50 day simple moving average of $23.67 and a 200-day simple moving average of $23.65. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $23.36 and a 1 year high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0534 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BSMQ. Principal Securities Inc. lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1,316.1% in the 4th quarter. Principal Securities Inc. now owns 3,965 shares of the company’s stock worth $93,000 after acquiring an additional 3,685 shares during the last quarter. Crews Bank & Trust bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the fourth quarter worth about $200,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter valued at approximately $201,000. Jones Financial Companies Lllp boosted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 43.8% during the fourth quarter. Jones Financial Companies Lllp now owns 8,632 shares of the company’s stock valued at $203,000 after buying an additional 2,629 shares during the period. Finally, Francis Financial Inc. purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the fourth quarter worth approximately $204,000.

About Invesco BulletShares 2026 Municipal Bond ETF

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.