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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 727 shares, a decline of 98.4% from the May 31st total of 45,066 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 61,228 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSMR. Avior Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 14.9% in the fourth quarter. Avior Wealth Management LLC now owns 191,201 shares of the company’s stock valued at $4,525,000 after purchasing an additional 24,814 shares during the period. Webster Bank N. A. increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 277.8% in the 4th quarter. Webster Bank N. A. now owns 34,475 shares of the company’s stock valued at $816,000 after acquiring an additional 25,350 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at approximately $672,000. UBS Group AG grew its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 16.5% in the 4th quarter. UBS Group AG now owns 196,395 shares of the company’s stock valued at $4,648,000 after buying an additional 27,789 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 625.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 101,675 shares of the company’s stock worth $2,406,000 after purchasing an additional 87,660 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.0%

BSMR stock traded down $0.01 during midday trading on Thursday, reaching $23.62. The stock had a trading volume of 33,183 shares, compared to its average volume of 60,972. The company’s fifty day simple moving average is $23.62 and its 200 day simple moving average is $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a 52-week low of $23.43 and a 52-week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.0546 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, June 22nd. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.