Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Grows By 182.3%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 17,500 shares, a growth of 182.3% from the August 31st total of 6,200 shares. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Invesco BulletShares 2026 Municipal Bond ETF stock opened at $23.71 on Friday. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $22.81 and a 1 year high of $23.81. The company’s 50-day moving average is $23.66 and its two-hundred day moving average is $23.56.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Monday, September 23rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BSMQ. Sanctuary Advisors LLC acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF in the second quarter valued at about $2,039,000. Truist Financial Corp acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter valued at approximately $7,035,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 17.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 84,982 shares of the company’s stock worth $1,997,000 after acquiring an additional 12,672 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 4.0% during the second quarter. NewEdge Advisors LLC now owns 127,504 shares of the company’s stock valued at $2,996,000 after purchasing an additional 4,937 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Invesco BulletShares 2026 Municipal Bond ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 112,635 shares of the company’s stock valued at $2,646,000 after purchasing an additional 3,623 shares in the last quarter.

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.