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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 36,000 shares, a drop of 20.5% from the January 15th total of 45,300 shares. Based on an average daily trading volume, of 56,900 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at approximately $3,708,000. Sanctuary Advisors LLC raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 123.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock valued at $4,101,000 after buying an additional 95,675 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 34.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 250,543 shares of the company’s stock worth $5,913,000 after buying an additional 64,354 shares during the last quarter. CreativeOne Wealth LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth approximately $1,286,000. Finally, Cornerstone Wealth Management LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter valued at $1,186,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock traded up $0.05 during mid-day trading on Monday, reaching $23.73. 29,884 shares of the company traded hands, compared to its average volume of 56,956. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $23.30 and a fifty-two week high of $23.93. The firm’s 50 day moving average price is $23.65 and its 200 day moving average price is $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a $0.0551 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05.

About Invesco BulletShares 2027 Municipal Bond ETF

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.