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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 19,776 shares, an increase of 64.6% from the August 31st total of 12,017 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 71,641 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock traded up $0.10 during trading hours on Wednesday, hitting $23.27. The company’s stock had a trading volume of 102,892 shares, compared to its average volume of 60,930. The business has a 50 day moving average price of $23.55 and a two-hundred day moving average price of $23.61. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.12 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a dividend of $0.0530 per share. This is a drop from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0545. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.64 annualized dividend and a yield of 2.7%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BSMR. Anchor Investment Management LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at approximately $147,000. Cookson Peirce & Co. Inc. purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter worth $216,000. Foundry Financial Group Inc. purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth $231,000. Citadel Advisors LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth $253,000. Finally, Tassel Capital Management Inc. bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter worth $274,000.

Invesco BulletShares 2027 Municipal Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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