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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 6,191 shares, an increase of 269.8% from the January 29th total of 1,674 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 49,454 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 49,454 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock remained flat at $23.79 during midday trading on Friday. 29,926 shares of the company’s stock traded hands, compared to its average volume of 69,019. The business has a 50-day moving average price of $23.72 and a 200-day moving average price of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $22.88 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be issued a $0.0522 dividend. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a yield of 2.6%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at $50,000. Geneos Wealth Management Inc. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth about $73,000. IFP Advisors Inc lifted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 158.0% during the 3rd quarter. IFP Advisors Inc now owns 4,094 shares of the company’s stock worth $97,000 after buying an additional 2,507 shares during the last quarter. Collier Financial acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at about $104,000. Finally, OLD Second National Bank of Aurora grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 550.0% during the third quarter. OLD Second National Bank of Aurora now owns 5,200 shares of the company’s stock valued at $123,000 after purchasing an additional 4,400 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.