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

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

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSMR. Tassel Capital Management Inc. lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 7.2% during the 1st quarter. Tassel Capital Management Inc. now owns 12,427 shares of the company’s stock valued at $294,000 after acquiring an additional 837 shares during the period. Coastal Bridge Advisors LLC grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 11.6% in the fourth quarter. Coastal Bridge Advisors LLC now owns 11,463 shares of the company’s stock worth $271,000 after purchasing an additional 1,191 shares during the period. Farmers National Bank increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 2.6% during the fourth quarter. Farmers National Bank now owns 50,949 shares of the company’s stock valued at $1,206,000 after purchasing an additional 1,309 shares in the last quarter. Western Wealth Management LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 11.5% during the fourth quarter. Western Wealth Management LLC now owns 14,600 shares of the company’s stock valued at $346,000 after purchasing an additional 1,500 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 1.2% during the third quarter. UBS Group AG now owns 168,606 shares of the company’s stock valued at $3,989,000 after purchasing an additional 1,996 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock traded down $0.04 during midday trading on Tuesday, hitting $23.55. The stock had a trading volume of 28,851 shares, compared to its average volume of 57,754. The business has a 50-day moving average of $23.62 and a two-hundred day moving average of $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 52-week low of $23.49 and a 52-week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

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

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.