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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMRGet Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 2,646 shares, a decrease of 84.2% from the July 15th total of 16,768 shares. Based on an average daily trading volume, of 47,115 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock remained flat at $23.67 during midday trading on Wednesday. 20,436 shares of the company traded hands, compared to its average volume of 57,821. The company’s fifty day moving average is $23.62 and its two-hundred day moving average is $23.66. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $23.48 and a 52 week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.055 per share. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSMR. Royal Bank of Canada boosted its position in Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the first 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 in the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter worth approximately $1,946,000. Cetera Investment Advisers raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 19.2% during the 2nd quarter. Cetera Investment Advisers now owns 15,762 shares of the company’s stock worth $370,000 after buying an additional 2,542 shares during the period. Invesco Ltd. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.3% during the 2nd 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 stake in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter valued at $231,000.

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

Receive News & Ratings for Invesco BulletShares 2027 Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2027 Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.