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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 58,600 shares, a growth of 48.4% from the November 30th total of 39,500 shares. Based on an average daily volume of 47,800 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSMR. Stifel Financial Corp boosted its position in Invesco BulletShares 2027 Municipal Bond ETF by 368.1% during the third quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock worth $1,273,000 after acquiring an additional 42,252 shares during the last quarter. Captrust Financial Advisors grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 11.6% during the 3rd quarter. Captrust Financial Advisors now owns 12,314 shares of the company’s stock valued at $292,000 after purchasing an additional 1,279 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 43.5% during the second quarter. Private Advisor Group LLC now owns 27,123 shares of the company’s stock worth $637,000 after acquiring an additional 8,220 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.3% during the 2nd quarter. Aptus Capital Advisors LLC now owns 37,180 shares of the company’s stock valued at $873,000 after purchasing an additional 850 shares in the last quarter. Finally, Kades & Cheifetz LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth $224,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ:BSMR traded up $0.02 during trading hours on Monday, reaching $23.62. 114 shares of the company traded hands, compared to its average volume of 45,847. The firm’s 50-day moving average is $23.69 and its 200-day moving average is $23.67. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $23.30 and a 1-year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0534 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.