Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Update

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 9,200 shares, a growth of 35.3% from the October 15th total of 6,800 shares. Based on an average trading volume of 42,400 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMP traded down $0.02 on Thursday, hitting $24.57. 27,444 shares of the company were exchanged, compared to its average volume of 40,630. The company’s 50 day moving average price is $24.51 and its two-hundred day moving average price is $24.43. Invesco BulletShares 2025 Municipal Bond ETF has a one year low of $24.06 and a one year high of $24.67.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.052 per share. The ex-dividend date was Monday, October 21st. This represents a $0.62 dividend on an annualized basis and a yield of 2.54%.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Voisard Asset Management Group Inc. raised its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 1.9% in the third quarter. Voisard Asset Management Group Inc. now owns 29,354 shares of the company’s stock valued at $719,000 after purchasing an additional 554 shares during the period. Captrust Financial Advisors boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 6.4% during the third quarter. Captrust Financial Advisors now owns 21,340 shares of the company’s stock valued at $523,000 after buying an additional 1,291 shares during the last quarter. Secure Asset Management LLC boosted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 5.1% during the second quarter. Secure Asset Management LLC now owns 26,395 shares of the company’s stock worth $641,000 after purchasing an additional 1,292 shares during the last quarter. AA Financial Advisors LLC grew its stake in Invesco BulletShares 2025 Municipal Bond ETF by 4.3% in the 3rd quarter. AA Financial Advisors LLC now owns 40,123 shares of the company’s stock valued at $983,000 after purchasing an additional 1,639 shares during the period. Finally, Cornerstone Wealth Management LLC increased its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 5.3% during the third quarter. Cornerstone Wealth Management LLC now owns 34,293 shares of the company’s stock worth $840,000 after buying an additional 1,716 shares during the last quarter.

About Invesco BulletShares 2025 Municipal Bond ETF

The Invesco BulletShares 2025 Municipal Bond ETF (BSMP) 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 2025. BSMP was launched on Sep 25, 2019 and is managed by Invesco.