Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Expands By 269.8%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large 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. Based on an average daily trading volume, of 49,454 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,454 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

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

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock opened at $23.80 on Thursday. The business has a 50 day simple moving average of $23.72 and a two-hundred day simple moving average 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 company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be paid a $0.0522 dividend. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd.

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.