Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Update

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 38,500 shares, an increase of 57.1% from the May 31st total of 24,500 shares. Based on an average daily volume of 37,400 shares, the days-to-cover ratio is presently 1.0 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Invesco BulletShares 2027 Municipal Bond ETF stock remained flat at $23.48 during midday trading on Friday. The company had a trading volume of 38,281 shares, compared to its average volume of 34,845. The company’s 50-day moving average is $23.49 and its 200-day moving average is $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.63 and a 1 year high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be issued a $0.0531 dividend. This represents a $0.64 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Monday, June 24th.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sentinel Pension Advisors Inc. purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at about $289,000. Paulson Wealth Management Inc. grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 9.3% in the 1st quarter. Paulson Wealth Management Inc. now owns 28,339 shares of the company’s stock valued at $670,000 after buying an additional 2,414 shares during the period. AA Financial Advisors LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at about $448,000. First Command Advisory Services Inc. purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at about $70,000. Finally, Private Advisor Group LLC grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 25.9% in the 1st quarter. Private Advisor Group LLC now owns 18,903 shares of the company’s stock valued at $447,000 after buying an additional 3,890 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Company Profile

The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 2027. BSMR was launched on Sep 25, 2019 and is managed by Invesco.