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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 15,174 shares, a decrease of 27.4% from the November 30th total of 20,910 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 46,080 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 46,080 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BSMR. Horizons Wealth Management raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 2.7% during the third quarter. Horizons Wealth Management now owns 16,346 shares of the company’s stock worth $387,000 after acquiring an additional 423 shares during the period. Sarver Vrooman Wealth Advisors lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 1.6% in the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 35,765 shares of the company’s stock valued at $846,000 after buying an additional 580 shares in the last quarter. Howard Wealth Management LLC boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 5.1% in the 3rd quarter. Howard Wealth Management LLC now owns 15,440 shares of the company’s stock worth $365,000 after buying an additional 750 shares during the last quarter. First Command Advisory Services Inc. increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 35,161 shares of the company’s stock worth $832,000 after buying an additional 824 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.9% during the third quarter. Benjamin Edwards Inc. now owns 12,721 shares of the company’s stock valued at $301,000 after acquiring an additional 930 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMR traded down $0.01 during midday trading on Wednesday, reaching $23.67. 4,102 shares of the stock were exchanged, compared to its average volume of 52,760. The firm has a 50-day simple moving average of $23.65 and a two-hundred day simple moving average of $23.61. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $22.88 and a twelve month high of $23.80.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.0521 per share. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.