Short Interest in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Increases By 10,700.0%

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 10,800 shares, a growth of 10,700.0% from the September 30th total of 100 shares. Based on an average trading volume of 34,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco BulletShares 2024 Municipal Bond ETF

Several large investors have recently modified their holdings of BSMO. First Command Advisory Services Inc. bought a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 1st quarter worth approximately $55,000. Addison Advisors LLC grew its position in Invesco BulletShares 2024 Municipal Bond ETF by 13.8% during the second quarter. Addison Advisors LLC now owns 6,570 shares of the company’s stock valued at $163,000 after buying an additional 795 shares during the period. Diversify Advisory Services LLC purchased a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the second quarter valued at approximately $200,000. CRA Financial Services LLC bought a new position in Invesco BulletShares 2024 Municipal Bond ETF in the second quarter worth approximately $223,000. Finally, Hills Bank & Trust Co bought a new position in Invesco BulletShares 2024 Municipal Bond ETF in the second quarter worth approximately $325,000.

Invesco BulletShares 2024 Municipal Bond ETF Stock Up 0.1 %

BSMO stock opened at $24.82 on Friday. The stock’s 50 day simple moving average is $24.84 and its 200 day simple moving average is $24.82. Invesco BulletShares 2024 Municipal Bond ETF has a 12-month low of $24.54 and a 12-month high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were given a $0.057 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Monday, October 21st. This is an increase from Invesco BulletShares 2024 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.