Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Up 144.6% in March

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 31,800 shares, a growth of 144.6% from the February 28th total of 13,000 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 60,300 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of large investors have recently bought and sold shares of BSMR. Wells Fargo & Company MN increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 16.1% in the fourth quarter. Wells Fargo & Company MN now owns 327,631 shares of the company’s stock worth $7,732,000 after purchasing an additional 45,335 shares in the last quarter. LPL Financial LLC grew its stake in Invesco BulletShares 2027 Municipal Bond ETF by 6.4% in the 4th quarter. LPL Financial LLC now owns 298,378 shares of the company’s stock valued at $7,042,000 after buying an additional 18,040 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 34.6% during the 4th quarter. Atlantic Union Bankshares Corp now owns 250,543 shares of the company’s stock valued at $5,913,000 after acquiring an additional 64,354 shares during the period. Invesco Ltd. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 26.2% during the fourth quarter. Invesco Ltd. now owns 240,179 shares of the company’s stock worth $5,668,000 after acquiring an additional 49,817 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 4.8% in the fourth quarter. Bank of America Corp DE now owns 204,215 shares of the company’s stock worth $4,819,000 after acquiring an additional 9,409 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR opened at $23.49 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $23.30 and a fifty-two week high of $23.93. The firm has a 50-day moving average of $23.66 and a 200 day moving average of $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.054 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date is Monday, March 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.