Short Interest in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Declines By 32.4%

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 2,300 shares, a decrease of 32.4% from the March 15th total of 3,400 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.6 days.

A number of institutional investors have recently made changes to their positions in BSMT. Wells Fargo & Company MN raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 63.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,185 shares of the company’s stock worth $31,000 after buying an additional 460 shares during the last quarter. Asset Dedication LLC raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 73.1% during the 4th quarter. Asset Dedication LLC now owns 1,369 shares of the company’s stock worth $36,000 after buying an additional 578 shares during the last quarter. Morgan Stanley raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 32.3% during the 3rd quarter. Morgan Stanley now owns 13,236 shares of the company’s stock worth $339,000 after buying an additional 3,231 shares during the last quarter. Strategic Wealth Designers acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth $574,000. Finally, Confluence Investment Management LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 1st quarter worth $1,979,000.

BSMT stock opened at $26.06 on Friday. The company has a fifty day moving average price of $25.70 and a 200 day moving average price of $25.97. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $24.14 and a 12 month high of $26.42.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Tuesday, March 23rd were given a dividend of $0.029 per share. The ex-dividend date of this dividend was Monday, March 22nd. This represents a $0.35 dividend on an annualized basis and a yield of 1.34%.

See Also: What Does a Sell-Side Analyst Rating Mean?

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