Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Increases By 82.1%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 71,680 shares, an increase of 82.1% from the June 15th total of 39,362 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 55,717 shares, the short-interest ratio is currently 1.3 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS opened at $23.45 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a 52-week low of $23.11 and a 52-week high of $23.70. The company’s fifty day moving average is $23.42 and its two-hundred day moving average is $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0563 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.2% in the 1st quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock worth $247,000 after buying an additional 625 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter valued at $709,000. Jane Street Group LLC boosted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 1,087.6% in the 1st quarter. Jane Street Group LLC now owns 165,623 shares of the company’s stock valued at $3,838,000 after purchasing an additional 151,677 shares in the last quarter. Cetera Investment Advisers boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 13.6% in the second quarter. Cetera Investment Advisers now owns 16,015 shares of the company’s stock valued at $372,000 after buying an additional 1,919 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 3.2% in the 2nd quarter. Invesco Ltd. now owns 215,072 shares of the company’s stock worth $4,996,000 after acquiring an additional 6,644 shares in the last quarter.

About Invesco BulletShares 2028 Municipal Bond ETF

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.