Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Sees Significant Growth in Short Interest

Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 43,800 shares, an increase of 56.4% from the February 28th total of 28,000 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 58,500 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Invesco BulletShares 2026 Municipal Bond ETF

Institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the fourth quarter valued at about $488,000. Waverly Advisors LLC raised its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 35.4% during the 4th quarter. Waverly Advisors LLC now owns 14,762 shares of the company’s stock worth $348,000 after purchasing an additional 3,860 shares during the last quarter. Focus Partners Wealth lifted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 4.8% in the 4th quarter. Focus Partners Wealth now owns 75,881 shares of the company’s stock valued at $1,789,000 after buying an additional 3,506 shares in the last quarter. Francis Financial Inc. purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the fourth quarter valued at $204,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter valued at $386,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Shares of BSMQ traded up $0.03 during trading hours on Monday, reaching $23.60. The company had a trading volume of 3,651 shares, compared to its average volume of 48,716. Invesco BulletShares 2026 Municipal Bond ETF has a 12-month low of $23.36 and a 12-month high of $23.85. The firm has a 50 day simple moving average of $23.67 and a 200-day simple moving average of $23.65.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.0534 dividend. This is an increase from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 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.