Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Sees Significant Decrease in Short Interest

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,095 shares, a drop of 33.9% from the February 12th total of 6,191 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 49,673 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 49,673 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Hedge funds have recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 445,800 shares of the company’s stock valued at $10,550,000 after acquiring an additional 32,144 shares during the period. Invesco Ltd. raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.7% in the 4th quarter. Invesco Ltd. now owns 369,828 shares of the company’s stock worth $8,752,000 after acquiring an additional 35,734 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 337,140 shares of the company’s stock worth $7,977,000 after acquiring an additional 21,579 shares in the last quarter. Key Financial Inc lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 8.6% during the 4th quarter. Key Financial Inc now owns 308,789 shares of the company’s stock worth $7,308,000 after purchasing an additional 24,338 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.3% during the 3rd quarter. Bank of America Corp DE now owns 273,721 shares of the company’s stock worth $6,476,000 after purchasing an additional 16,239 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.1%

Shares of NASDAQ:BSMR traded up $0.03 during trading hours on Friday, hitting $23.75. The company’s stock had a trading volume of 51,116 shares, compared to its average volume of 65,355. The firm’s fifty day moving average price is $23.75 and its 200 day moving average price is $23.69. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $22.88 and a 52 week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.0522 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 2.6%.

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.