Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 84.2% in July

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,646 shares, a decline of 84.2% from the July 15th total of 16,768 shares. Based on an average daily volume of 47,115 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the 1st quarter. Royal Bank of Canada now owns 49,722 shares of the company’s stock worth $1,171,000 after purchasing an additional 3,147 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at approximately $1,946,000. Cetera Investment Advisers grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 19.2% in the second quarter. Cetera Investment Advisers now owns 15,762 shares of the company’s stock valued at $370,000 after buying an additional 2,542 shares in the last quarter. Invesco Ltd. grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.3% in the second quarter. Invesco Ltd. now owns 293,809 shares of the company’s stock valued at $6,896,000 after buying an additional 20,082 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth $231,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Invesco BulletShares 2027 Municipal Bond ETF stock remained flat at $23.62 during mid-day trading on Thursday. 38,634 shares of the company were exchanged, compared to its average volume of 57,982. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $23.48 and a 1-year high of $23.85. The firm’s 50 day simple moving average is $23.62 and its 200 day simple moving average is $23.66.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a $0.055 dividend. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, July 20th. This is a positive change from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly 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.