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

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

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

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

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors 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 yield of 2.8%. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSMR. Advisory Services Network LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the third quarter valued at approximately $136,000. Anchor Investment Management LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at $147,000. Cookson Peirce & Co. Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter valued at $216,000. Foundry Financial Group Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at $231,000. Finally, Flow Traders U.S. LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter worth $231,000.

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.