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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 12,017 shares, an increase of 205.5% from the August 15th total of 3,933 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 58,226 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Large investors have recently made changes to their positions in the company. Financial Solutions Advisory Group Inc. bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the first quarter valued at $8,155,000. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 63.9% in the first quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock worth $11,039,000 after purchasing an additional 181,981 shares during the last quarter. Coastline Complete Wealth LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $3,685,000. Thrivent Financial for Lutherans increased its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 625.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 101,675 shares of the company’s stock valued at $2,406,000 after purchasing an additional 87,660 shares during the period. Finally, Hills Bank & Trust Co raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 68.4% during the 4th quarter. Hills Bank & Trust Co now owns 206,566 shares of the company’s stock worth $4,888,000 after purchasing an additional 83,937 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of BSMR stock traded up $0.01 during midday trading on Friday, hitting $23.50. 80,922 shares of the company were exchanged, compared to its average volume of 58,251. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $23.48 and a 52 week high of $23.85. The firm’s 50 day moving average price is $23.61 and its two-hundred day moving average price is $23.64.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a dividend of $0.0545 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, August 24th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.