Short Interest in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Declines By 94.5%

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 94.5% from the February 28th total of 25,300 shares. Based on an average daily volume of 57,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

Shares of BSMP remained flat at $24.42 on Wednesday. 32,410 shares of the company were exchanged, compared to its average volume of 45,980. Invesco BulletShares 2025 Municipal Bond ETF has a one year low of $24.06 and a one year high of $24.77. The company’s 50-day moving average price is $24.55 and its 200 day moving average price is $24.54.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.0514 dividend. This is a positive change from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, March 24th.

Hedge Funds Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Tlwm increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 2.2% in the fourth quarter. Tlwm now owns 21,579 shares of the company’s stock worth $529,000 after buying an additional 459 shares in the last quarter. Addison Advisors LLC raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 8.9% during the 4th quarter. Addison Advisors LLC now owns 11,075 shares of the company’s stock worth $271,000 after acquiring an additional 905 shares during the period. NewEdge Advisors LLC lifted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 0.8% during the fourth quarter. NewEdge Advisors LLC now owns 114,735 shares of the company’s stock valued at $2,812,000 after purchasing an additional 951 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 6.4% in the third quarter. Captrust Financial Advisors now owns 21,340 shares of the company’s stock worth $523,000 after purchasing an additional 1,291 shares during the period. Finally, Choreo LLC increased its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 19.5% in the fourth quarter. Choreo LLC now owns 10,264 shares of the company’s stock worth $252,000 after purchasing an additional 1,674 shares in the last quarter.

About Invesco BulletShares 2025 Municipal Bond ETF

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.