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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 45,066 shares, a growth of 63.2% from the May 14th total of 27,614 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 74,205 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.1%

NASDAQ:BSMR opened at $23.64 on Wednesday. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.36 and a 12 month high of $23.85. The business’s 50-day moving average is $23.63 and its 200 day moving average is $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a $0.055 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, May 18th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in BSMR. Private Trust Co. NA purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter worth about $50,000. IFP Advisors Inc lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 158.0% in the third quarter. IFP Advisors Inc now owns 4,094 shares of the company’s stock worth $97,000 after buying an additional 2,507 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth about $136,000. Anchor Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth about $147,000. Finally, HUB Investment Partners LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the third quarter valued at approximately $201,000.

Invesco BulletShares 2027 Municipal Bond ETF Company Profile

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.