Short Interest in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Expands By 133.3%

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 26,600 shares, a growth of 133.3% from the November 15th total of 11,400 shares. Based on an average trading volume of 41,400 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

NASDAQ BSMS remained flat at $23.48 during trading hours on Friday. The company’s stock had a trading volume of 8,704 shares, compared to its average volume of 29,217. The firm has a 50-day moving average price of $23.46 and a 200 day moving average price of $23.41. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $23.05 and a twelve month high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were given a $0.0547 dividend. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Several hedge funds have recently bought and sold shares of the business. First Command Advisory Services Inc. raised its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the second quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock worth $87,000 after purchasing an additional 1,584 shares during the last quarter. Avior Wealth Management LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 12.7% in the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after buying an additional 637 shares in the last quarter. Hills Bank & Trust Co purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the third quarter worth about $155,000. Foundry Financial Group Inc. purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the third quarter valued at approximately $200,000. Finally, Aptus Capital Advisors LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 97.8% during the third quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock valued at $204,000 after purchasing an additional 4,269 shares during the period.

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.