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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,700 shares, an increase of 112.7% from the February 29th total of 5,500 shares. Based on an average daily trading volume, of 35,200 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Cooksen Wealth LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $355,000. MONECO Advisors LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $262,000. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $837,000. Midland Wealth Advisors LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $457,000. Finally, Kestra Advisory Services LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $955,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock remained flat at $23.66 during midday trading on Thursday. 17,700 shares of the company traded hands, compared to its average volume of 31,420. The business has a 50 day simple moving average of $23.73 and a two-hundred day simple moving average of $23.46. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $22.63 and a 12 month high of $24.08.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.0545 per share. This represents a $0.65 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend was Monday, March 18th.

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.