Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Significant Increase in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 81,300 shares, an increase of 49.7% from the November 30th total of 54,300 shares. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BSMQ. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the second quarter valued at $62,000. Hills Bank & Trust Co acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 3rd quarter worth about $121,000. River Street Advisors LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 3rd quarter valued at about $155,000. Foundry Financial Group Inc. bought a new position in Invesco BulletShares 2026 Municipal Bond ETF during the third quarter worth about $202,000. Finally, Avior Wealth Management LLC grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 17.9% during the third quarter. Avior Wealth Management LLC now owns 10,488 shares of the company’s stock worth $249,000 after purchasing an additional 1,590 shares during the period.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.1 %

NASDAQ:BSMQ traded up $0.03 on Monday, hitting $23.63. 1,031 shares of the company’s stock were exchanged, compared to its average volume of 45,490. The firm has a 50-day moving average price of $23.62 and a 200-day moving average price of $23.62. Invesco BulletShares 2026 Municipal Bond ETF has a 52 week low of $23.36 and a 52 week high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0539 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

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.