Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Short Interest Update

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 200 shares, a decrease of 75.0% from the August 15th total of 800 shares. Based on an average trading volume of 35,300 shares, the short-interest ratio is presently 0.0 days.

Invesco BulletShares 2024 Municipal Bond ETF Trading Up 0.1 %

Shares of Invesco BulletShares 2024 Municipal Bond ETF stock traded up $0.02 during trading hours on Friday, reaching $24.88. The stock had a trading volume of 33,179 shares, compared to its average volume of 38,846. The stock’s 50 day moving average is $24.84 and its 200 day moving average is $24.81. Invesco BulletShares 2024 Municipal Bond ETF has a twelve month low of $24.54 and a twelve month high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.051 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.61 annualized dividend and a dividend yield of 2.46%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC raised its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 646.8% during the 1st quarter. Jane Street Group LLC now owns 646,033 shares of the company’s stock worth $16,009,000 after purchasing an additional 559,521 shares during the last quarter. OneAscent Financial Services LLC raised its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 4.6% during the 1st quarter. OneAscent Financial Services LLC now owns 266,189 shares of the company’s stock worth $6,596,000 after purchasing an additional 11,682 shares during the last quarter. UBS Group AG raised its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 6.0% during the 4th quarter. UBS Group AG now owns 250,655 shares of the company’s stock worth $6,245,000 after purchasing an additional 14,255 shares during the last quarter. Confluence Investment Management LLC acquired a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 1st quarter worth about $3,531,000. Finally, NewEdge Advisors LLC raised its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 3.9% during the 2nd quarter. NewEdge Advisors LLC now owns 120,591 shares of the company’s stock worth $2,993,000 after purchasing an additional 4,492 shares during the last quarter.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.