Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Sees Large Drop in Short Interest

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,646 shares, a drop of 84.2% from the July 15th total of 16,768 shares. Based on an average trading volume of 47,115 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Private Trust Co. NA purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $50,000. Advisory Services Network LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF during the third quarter valued at approximately $136,000. Anchor Investment Management LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at $147,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at about $216,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 8.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,622 shares of the company’s stock valued at $228,000 after purchasing an additional 765 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.1%

BSMR traded down $0.02 during trading on Friday, reaching $23.61. 10,756 shares of the stock were exchanged, compared to its average volume of 57,701. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $23.48 and a 1 year high of $23.85. The business’s 50 day moving average price is $23.62 and its two-hundred day moving average price is $23.66.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.055 per share. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 2.8%.

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.