Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 95.5% in January

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 1,674 shares, a drop of 95.5% from the January 15th total of 37,411 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 78,091 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 78,091 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ BSMR traded up $0.06 during trading hours on Thursday, hitting $23.78. The company’s stock had a trading volume of 34,699 shares, compared to its average volume of 75,322. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $22.88 and a 12 month high of $23.80. The company’s 50 day simple moving average is $23.70 and its two-hundred day simple moving average is $23.66.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.0532 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 49.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 272,724 shares of the company’s stock worth $6,453,000 after purchasing an additional 89,714 shares during the period. VestGen Advisors LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 2.4% during the second quarter. VestGen Advisors LLC now owns 201,020 shares of the company’s stock valued at $4,741,000 after buying an additional 4,705 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.1% in the second quarter. Atlantic Union Bankshares Corp now owns 315,561 shares of the company’s stock valued at $7,406,000 after acquiring an additional 36,492 shares in the last quarter. YANKCOM Partnership lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 38.2% in the second quarter. YANKCOM Partnership now owns 23,226 shares of the company’s stock worth $545,000 after acquiring an additional 6,423 shares during the period. Finally, Signaturefd LLC increased its position in Invesco BulletShares 2027 Municipal Bond ETF by 105.3% during the 3rd quarter. Signaturefd LLC now owns 87,580 shares of the company’s stock valued at $2,072,000 after purchasing an additional 44,916 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.