Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Sees Large Decrease in Short Interest

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, a drop of 92.7% from the March 31st total of 4,100 shares. Based on an average daily trading volume, of 39,100 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Invesco BulletShares 2024 Municipal Bond ETF

Large investors have recently bought and sold shares of the business. Parallel Advisors LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the fourth quarter valued at about $75,000. CWM LLC raised its stake in Invesco BulletShares 2024 Municipal Bond ETF by 142.2% during the 3rd quarter. CWM LLC now owns 3,258 shares of the company’s stock valued at $80,000 after acquiring an additional 1,913 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter valued at approximately $187,000. MONECO Advisors LLC acquired a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter worth approximately $226,000. Finally, BCS Wealth Management grew its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 11.7% in the 1st quarter. BCS Wealth Management now owns 9,644 shares of the company’s stock valued at $239,000 after purchasing an additional 1,009 shares during the last quarter.

Invesco BulletShares 2024 Municipal Bond ETF Price Performance

NASDAQ BSMO traded down $0.01 on Friday, reaching $24.79. The stock had a trading volume of 14,960 shares, compared to its average volume of 47,582. Invesco BulletShares 2024 Municipal Bond ETF has a 12-month low of $24.54 and a 12-month high of $24.98. The business’s 50-day moving average price is $24.78 and its 200 day moving average price is $24.79.

Invesco BulletShares 2024 Municipal Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be given a $0.0551 dividend. The ex-dividend date is Monday, April 22nd. This represents a $0.66 annualized dividend and a yield of 2.67%.

About Invesco BulletShares 2024 Municipal Bond ETF

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.