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

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 31,300 shares, an increase of 78.9% from the September 15th total of 17,500 shares. Based on an average trading volume of 49,400 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2026 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSMQ. First Command Advisory Services Inc. bought a new position in Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter worth about $46,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at $62,000. Comerica Bank raised its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% in the 1st quarter. Comerica Bank now owns 8,468 shares of the company’s stock valued at $200,000 after acquiring an additional 7,748 shares in the last quarter. Webster Bank N. A. grew its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 21.3% during the first quarter. Webster Bank N. A. now owns 8,810 shares of the company’s stock worth $208,000 after purchasing an additional 1,545 shares in the last quarter. Finally, MONECO Advisors LLC purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter worth approximately $212,000.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

NASDAQ BSMQ traded up $0.02 during trading on Friday, hitting $23.65. 79,458 shares of the company’s stock traded hands, compared to its average volume of 46,263. Invesco BulletShares 2026 Municipal Bond ETF has a 12-month low of $22.81 and a 12-month high of $23.81. The business has a 50 day moving average of $23.67 and a 200-day moving average of $23.56.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.054 dividend. This represents a $0.65 annualized dividend and a yield of 2.74%. The ex-dividend date was Monday, September 23rd.

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.