Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Update

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 18,647 shares, a growth of 2,464.9% from the June 15th total of 727 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 64,085 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.1%

Shares of BSMR traded down $0.03 during trading hours on Friday, hitting $23.63. 62,210 shares of the stock were exchanged, compared to its average volume of 59,939. The stock’s 50-day moving average price is $23.62 and its two-hundred day moving average price is $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.44 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0546 per share. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 2.8%. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

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. Clark Asset Management LLC increased its position in Invesco BulletShares 2027 Municipal Bond ETF by 31.7% during the second quarter. Clark Asset Management LLC now owns 61,999 shares of the company’s stock worth $1,466,000 after purchasing an additional 14,918 shares during the last quarter. NewEdge Advisors LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 11.4% in the first quarter. NewEdge Advisors LLC now owns 203,640 shares of the company’s stock worth $4,817,000 after acquiring an additional 20,812 shares during the period. Financial Solutions Advisory Group Inc. purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at $8,155,000. Coastline Complete Wealth LLC grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.7% during the 1st quarter. Coastline Complete Wealth LLC now owns 166,160 shares of the company’s stock worth $3,930,000 after purchasing an additional 10,466 shares during the period. Finally, Hobbs Group Advisors LLC increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 14.3% during the 1st quarter. Hobbs Group Advisors LLC now owns 29,390 shares of the company’s stock worth $695,000 after purchasing an additional 3,673 shares during the last quarter.

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.