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 during 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. Currently, 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. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its position in Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the first quarter. Royal Bank of Canada now owns 49,722 shares of the company’s stock worth $1,171,000 after buying an additional 3,147 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter worth approximately $1,946,000. Cetera Investment Advisers raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 19.2% in the 2nd quarter. Cetera Investment Advisers now owns 15,762 shares of the company’s stock valued at $370,000 after acquiring an additional 2,542 shares during the period. Steward Partners Investment Advisory LLC raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 586.8% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 8,949 shares of the company’s stock valued at $210,000 after acquiring an additional 7,646 shares during the period. Finally, Farmers National Bank lifted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 3.3% during the 2nd quarter. Farmers National Bank now owns 48,346 shares of the company’s stock valued at $1,135,000 after purchasing an additional 1,532 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1%

Shares of NASDAQ BSMR traded down $0.03 during trading hours on Tuesday, hitting $23.62. The company had a trading volume of 55,912 shares, compared to its average volume of 62,993. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.88 and a 1-year high of $23.85. The firm’s 50 day moving average is $23.75 and its 200-day moving average is $23.70.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The company also recently declared 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.

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.