Short Interest in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Increases By 94.7%

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 29,200 shares, an increase of 94.7% from the January 31st total of 15,000 shares. Based on an average daily volume of 55,900 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 354.4% in the 3rd quarter. Stifel Financial Corp now owns 53,604 shares of the company’s stock valued at $1,273,000 after purchasing an additional 41,807 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 4th quarter valued at approximately $393,000. HighTower Advisors LLC lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 18,178 shares of the company’s stock worth $430,000 after acquiring an additional 593 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 8.0% in the 3rd quarter. Captrust Financial Advisors now owns 17,244 shares of the company’s stock worth $409,000 after acquiring an additional 1,283 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 17.9% in the 3rd quarter. Avior Wealth Management LLC now owns 10,488 shares of the company’s stock valued at $249,000 after purchasing an additional 1,590 shares during the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.1 %

Shares of BSMQ stock opened at $23.73 on Friday. The firm’s 50-day moving average is $23.64 and its two-hundred day moving average is $23.65. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $23.36 and a 12 month high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.0528 per share. The ex-dividend date of this dividend was Monday, February 24th.

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.