Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Down 80.5% in February

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMTGet Free Report) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 19,500 shares, a drop of 80.5% from the February 13th total of 100,000 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 64,100 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $22.98 on Thursday. The stock’s fifty day moving average price is $23.00 and its two-hundred day moving average price is $23.10. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $22.70 and a one year high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a dividend of $0.0533 per share. The ex-dividend date was Monday, February 24th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05.

Hedge Funds Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Toronto Dominion Bank bought a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth $72,000. JPMorgan Chase & Co. increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2,891.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,500 shares of the company’s stock valued at $80,000 after purchasing an additional 3,383 shares during the last quarter. Principal Securities Inc. bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at $94,000. First Command Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 16.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock valued at $95,000 after purchasing an additional 580 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 22.4% in the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after purchasing an additional 966 shares during the last quarter.

About Invesco BulletShares 2029 Municipal Bond ETF

(Get Free Report)

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.

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