Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Decreases By 27.4%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 15,174 shares, a drop of 27.4% from the November 30th total of 20,910 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 46,080 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 46,080 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.0%

Shares of BSMR stock opened at $23.66 on Monday. The business’s fifty day moving average is $23.65 and its 200-day moving average is $23.61. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.88 and a 1 year high of $23.80.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.0521 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 2.6%. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BSMR. Farther Finance Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 2nd quarter worth $34,000. Geneos Wealth Management Inc. acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth about $73,000. IFP Advisors Inc increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 158.0% in the third quarter. IFP Advisors Inc now owns 4,094 shares of the company’s stock worth $97,000 after acquiring an additional 2,507 shares in the last quarter. Collier Financial acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the third quarter valued at approximately $104,000. Finally, OLD Second National Bank of Aurora raised 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 acquiring an additional 4,400 shares during the period.

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.