Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Increases By 292.4%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 51,800 shares, a growth of 292.4% from the August 31st total of 13,200 shares. Based on an average trading volume of 36,800 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 36,800 shares, the short-interest ratio is currently 1.4 days.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of BSMR opened at $23.67 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a one year low of $22.88 and a one year high of $23.93. The stock has a 50-day moving average price of $23.62 and a 200 day moving average price of $23.48.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.0531 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, September 22nd.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of large investors have recently modified their holdings of BSMR. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 15,372 shares of the company’s stock valued at $362,000 after acquiring an additional 1,489 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 11,609 shares of the company’s stock valued at $273,000 after acquiring an additional 3,950 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.6% in the first quarter. LPL Financial LLC now owns 338,907 shares of the company’s stock valued at $7,981,000 after purchasing an additional 40,529 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Invesco BulletShares 2027 Municipal Bond ETF by 20.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 143,860 shares of the company’s stock worth $3,388,000 after acquiring an additional 24,340 shares during the period. Finally, Cetera Investment Advisers boosted its position in Invesco BulletShares 2027 Municipal Bond ETF by 42.1% during the 1st quarter. Cetera Investment Advisers now owns 13,220 shares of the company’s stock worth $311,000 after acquiring an additional 3,914 shares during the period.

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.