Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Increases By 205.5%

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

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 63.9% in the 1st quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock valued at $11,039,000 after purchasing an additional 181,981 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 445,800 shares of the company’s stock valued at $10,550,000 after purchasing an additional 32,144 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.7% during 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 during the period. Financial Solutions Advisory Group Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at about $8,155,000. Finally, Key Financial Inc boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 10.8% in the first quarter. Key Financial Inc now owns 342,056 shares of the company’s stock worth $8,091,000 after acquiring an additional 33,267 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.0%

BSMR stock traded up $0.01 during midday trading on Friday, reaching $23.50. 80,922 shares of the company’s stock traded hands, compared to its average volume of 58,251. The company has a 50-day moving average price of $23.61 and a two-hundred day moving average price of $23.64. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $23.48 and a 52 week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0545 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 2.8%.

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.