Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Significant Decline in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 5,000 shares, a decline of 84.2% from the December 31st total of 31,600 shares. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMP traded down $0.01 on Wednesday, hitting $24.57. The company had a trading volume of 33,131 shares, compared to its average volume of 70,084. The business has a 50 day moving average of $24.55 and a two-hundred day moving average of $24.52. Invesco BulletShares 2025 Municipal Bond ETF has a 12-month low of $24.06 and a 12-month high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.0525 per share. This is a positive change from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Tuesday, January 21st.

Institutional Trading of Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in BSMP. Focus Financial Network Inc. boosted its stake in Invesco BulletShares 2025 Municipal Bond ETF by 98.6% during the 4th quarter. Focus Financial Network Inc. now owns 106,671 shares of the company’s stock valued at $2,615,000 after acquiring an additional 52,956 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in Invesco BulletShares 2025 Municipal Bond ETF by 36.4% in the third quarter. Atlantic Union Bankshares Corp now owns 182,746 shares of the company’s stock valued at $4,475,000 after acquiring an additional 48,727 shares during the period. Claro Advisors LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 400.6% in the third quarter. Claro Advisors LLC now owns 44,367 shares of the company’s stock worth $1,087,000 after buying an additional 35,505 shares during the period. Avior Wealth Management LLC grew its position in Invesco BulletShares 2025 Municipal Bond ETF by 72.2% in the 3rd quarter. Avior Wealth Management LLC now owns 68,165 shares of the company’s stock worth $1,669,000 after purchasing an additional 28,577 shares during the last quarter. Finally, Key Financial Inc boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 44.1% during the third quarter. Key Financial Inc now owns 87,040 shares of the company’s stock worth $2,132,000 after buying an additional 26,632 shares during the period.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

The Invesco BulletShares 2025 Municipal Bond ETF (BSMP) 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 2025. BSMP was launched on Sep 25, 2019 and is managed by Invesco.