Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Stock Short Interest Report for October

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 13,738 shares, a drop of 83.3% from the September 30th total of 82,378 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 134,614 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMR remained flat at $23.50 during midday trading on Tuesday. The stock had a trading volume of 40,836 shares, compared to its average volume of 67,037. The firm has a 50-day moving average price of $23.45 and a two-hundred day moving average price of $23.61. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $23.12 and a 52 week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a dividend of $0.0565 per share. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. The ex-dividend date was Monday, October 19th. This represents a $0.68 annualized dividend and a dividend yield of 2.9%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSMR. Wedmont Private Capital bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter worth approximately $720,000. WESPAC Advisors LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at $602,000. Kinetic Wealth Investment Advisors LLC purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter worth $1,515,000. Legacy Private Trust Co. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at about $2,269,000. Finally, AlphaStar Capital Management LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at about $889,000.

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.