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 increase in short interest in August. As of August 31st, there was short interest totaling 12,017 shares, an increase of 205.5% from the August 15th total of 3,933 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 58,226 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BSMR. UBS Group AG raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 16.5% in the fourth quarter. UBS Group AG now owns 196,395 shares of the company’s stock worth $4,648,000 after purchasing an additional 27,789 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth about $672,000. Coastline Complete Wealth LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth about $3,685,000. Thrivent Financial for Lutherans increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 625.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 101,675 shares of the company’s stock worth $2,406,000 after acquiring an additional 87,660 shares in the last quarter. Finally, Hills Bank & Trust Co increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 68.4% in the 4th quarter. Hills Bank & Trust Co now owns 206,566 shares of the company’s stock worth $4,888,000 after acquiring an additional 83,937 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Up 0.1%

NASDAQ BSMR traded up $0.02 during trading on Monday, hitting $23.52. The company had a trading volume of 65,752 shares, compared to its average volume of 58,294. Invesco BulletShares 2027 Municipal Bond ETF has a one year low of $23.48 and a one year high of $23.85. The company’s fifty day moving average is $23.61 and its 200-day moving average is $23.64.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.0545 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, August 24th.

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.