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

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMPGet Free Report) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 26,700 shares, an increase of 66.9% from the January 15th total of 16,000 shares. Based on an average daily trading volume, of 55,600 shares, the days-to-cover ratio is currently 0.5 days.

Invesco BulletShares 2025 Municipal Bond ETF Stock Up 0.1 %

NASDAQ:BSMP traded up $0.02 during trading hours on Thursday, hitting $24.59. The company had a trading volume of 102,157 shares, compared to its average volume of 62,291. The company has a 50-day moving average of $24.55 and a 200 day moving average of $24.53. Invesco BulletShares 2025 Municipal Bond ETF has a 1 year low of $24.06 and a 1 year high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of BSMP. OneAscent Financial Services LLC purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth $4,680,000. Raymond James Financial Inc. purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth $3,517,000. Envestnet Asset Management Inc. grew its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 50.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 310,150 shares of the company’s stock worth $7,602,000 after purchasing an additional 103,557 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 90.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 155,160 shares of the company’s stock worth $3,803,000 after purchasing an additional 73,590 shares during the period. Finally, Atlantic Union Bankshares Corp grew its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 33.8% during the 4th quarter. Atlantic Union Bankshares Corp now owns 244,584 shares of the company’s stock worth $5,995,000 after purchasing an additional 61,838 shares during the period.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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