Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update
by Jessica Moore · The Cerbat GemInvesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS – Get Free Report) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 10,896 shares, a drop of 72.2% from the March 15th total of 39,246 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,557 shares, the short-interest ratio is presently 0.3 days.
Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.2%
NASDAQ BSMS opened at $23.52 on Monday. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $22.55 and a 1 year high of $23.70. The business’s fifty day moving average is $23.56 and its two-hundred day moving average is $23.50.
Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.0529 per share. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, March 23rd.
Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF
Institutional investors have recently bought and sold shares of the stock. Signaturefd LLC boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 109.4% in the third quarter. Signaturefd LLC now owns 76,360 shares of the company’s stock worth $1,788,000 after buying an additional 39,898 shares during the period. Elequin Capital LP increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 31,150.0% in the third quarter. Elequin Capital LP now owns 100,000 shares of the company’s stock worth $2,342,000 after acquiring an additional 99,680 shares in the last quarter. Truist Financial Corp purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at approximately $6,898,000. Tlwm acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter worth approximately $544,000. Finally, Paulson Wealth Management Inc. boosted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 46.1% in the 3rd quarter. Paulson Wealth Management Inc. now owns 38,440 shares of the company’s stock worth $900,000 after purchasing an additional 12,136 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.