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Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ: BSMT - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 46,564 shares, a growth of 29.4% from the January 15th total of 35,984 shares. Based on an average daily volume
Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ: BSMT - Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 49,637 shares, a growth of 84.0% from the November 30th total of 26,978 shares. Based on an average daily trading
In conjunction with Nasdaq, TMX VettaFi's Head of Research Todd Rosenbluth co-hosted an Asset Allocation Summit webinar session that targeted a growing fixed income space that continues to evolve. With fixed income ETFs crossing $325 billion in inflows in mid-October, investor interest will only increase, with options aplenty.
Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 2024, first annual inflow since 2021—which was a record year. 2024 was a record year in municipal bond issuance. With attractive yields, the market may start to pay more attention to tax-equivalent yield advantages offered through municipal debt.
Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.
Active fixed-income ETFs allow portfolio managers to stay nimble and avoid sectors and parts of the credit spectrum that might encounter increased stress. There are now a growing number of dividend ETFs that are focused on yield and offer responsiveness to evolving sector dynamics of the broader market.
Municipal bonds have been a steady bet in 2021 despite all the volatility, with certain exchange traded funds (ETFs) high on momentum according to their relative strength index (RSI). The RSI can be a helpful indicator to know if momentum is behind a certain ETF — the closer to a reading of 70, the higher [.
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ
SEC filings for BSMT aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.