Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Down 41.8% in May

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 17,294 shares, a decrease of 41.8% from the May 14th total of 29,718 shares. Based on an average daily trading volume, of 50,376 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.1%

NASDAQ:BSMU opened at $21.90 on Friday. The company’s 50 day moving average price is $21.90 and its 200-day moving average price is $22.02. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $21.41 and a 52 week high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.0531 per share. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the first quarter valued at approximately $31,000. NewEdge Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the first quarter valued at approximately $56,000. Painted Porch Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the third quarter valued at approximately $85,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth approximately $140,000. Finally, Anchor Investment Management LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth approximately $142,000.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.