Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Up 745.9% in March

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 34,639 shares, a growth of 745.9% from the February 26th total of 4,095 shares. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.7 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.1%

Shares of BSMR stock traded down $0.03 on Tuesday, hitting $23.62. 55,912 shares of the stock were exchanged, compared to its average volume of 62,993. The business has a 50-day moving average of $23.75 and a 200 day moving average of $23.70. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $22.88 and a fifty-two week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be paid a $0.0523 dividend. The ex-dividend date is Monday, March 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Hedge funds have recently made changes to their positions in the business. Avior Wealth Management LLC increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 14.9% in the 4th quarter. Avior Wealth Management LLC now owns 191,201 shares of the company’s stock valued at $4,525,000 after buying an additional 24,814 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 49.0% in the third quarter. Commonwealth Equity Services LLC now owns 272,724 shares of the company’s stock valued at $6,453,000 after acquiring an additional 89,714 shares during the last quarter. VestGen Advisors LLC raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 2.4% during the second quarter. VestGen Advisors LLC now owns 201,020 shares of the company’s stock worth $4,741,000 after acquiring an additional 4,705 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 142.7% during the third quarter. Jones Financial Companies Lllp now owns 41,836 shares of the company’s stock worth $990,000 after acquiring an additional 24,595 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Invesco BulletShares 2027 Municipal Bond ETF by 105.3% during the third quarter. Signaturefd LLC now owns 87,580 shares of the company’s stock valued at $2,072,000 after purchasing an additional 44,916 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.