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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 10,100 shares, an increase of 206.1% from the July 31st total of 3,300 shares. Based on an average daily volume of 53,100 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

NASDAQ BSMR traded up $0.01 during trading on Thursday, hitting $23.70. The company’s stock had a trading volume of 16,046 shares, compared to its average volume of 40,312. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $22.63 and a 52 week high of $23.92. The firm has a 50 day moving average price of $23.61 and a 200 day moving average price of $23.59.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a dividend of $0.059 per share. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.71 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend was Monday, August 19th.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Confluence Investment Management LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter valued at about $6,140,000. Key Financial Inc increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.3% during the second quarter. Key Financial Inc now owns 251,706 shares of the company’s stock valued at $5,910,000 after acquiring an additional 5,755 shares during the period. Commonwealth Equity Services LLC increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 5.5% during the second quarter. Commonwealth Equity Services LLC now owns 150,616 shares of the company’s stock valued at $3,536,000 after acquiring an additional 7,798 shares during the period. Atlantic Union Bankshares Corp increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 20.0% during the second quarter. Atlantic Union Bankshares Corp now owns 135,107 shares of the company’s stock valued at $3,172,000 after acquiring an additional 22,496 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 4.4% during the second quarter. NewEdge Advisors LLC now owns 121,344 shares of the company’s stock valued at $2,849,000 after acquiring an additional 5,081 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.