Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Up 48.6% in August

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 3,933 shares, an increase of 48.6% from the July 30th total of 2,646 shares. Based on an average daily trading volume, of 48,670 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.2%

NASDAQ:BSMR traded down $0.04 during trading hours on Tuesday, reaching $23.55. 28,851 shares of the company traded hands, compared to its average volume of 57,754. The business’s 50-day moving average price is $23.62 and its two-hundred day moving average price is $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $23.49 and a 1 year 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. Stockholders of record on Monday, August 24th were paid a $0.0545 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Financial Solutions Advisory Group Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter worth approximately $8,155,000. Bank of America Corp DE boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 63.9% during 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 during the last quarter. Coastline Complete Wealth LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth $3,685,000. Thrivent Financial for Lutherans increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 625.5% in the 4th 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 in the last quarter. Finally, Hills Bank & Trust Co raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 68.4% in the fourth quarter. Hills Bank & Trust Co now owns 206,566 shares of the company’s stock worth $4,888,000 after purchasing an additional 83,937 shares during the last quarter.

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.