Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Significant Decline in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 23,200 shares, a drop of 5.3% from the August 15th total of 24,500 shares. Based on an average trading volume of 38,700 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BSMP. Paulson Wealth Management Inc. increased its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 13.1% during the 4th quarter. Paulson Wealth Management Inc. now owns 27,231 shares of the company’s stock valued at $668,000 after purchasing an additional 3,162 shares in the last quarter. UBS Group AG raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 8.1% in the fourth quarter. UBS Group AG now owns 245,288 shares of the company’s stock valued at $6,018,000 after buying an additional 18,390 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in Invesco BulletShares 2025 Municipal Bond ETF by 3.3% during the 2nd quarter. Aptus Capital Advisors LLC now owns 65,138 shares of the company’s stock worth $1,582,000 after buying an additional 2,065 shares in the last quarter. Parallel Advisors LLC acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth about $74,000. Finally, Wells Fargo & Company MN grew its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 399,018 shares of the company’s stock worth $9,790,000 after acquiring an additional 8,632 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of BSMP stock opened at $24.49 on Friday. Invesco BulletShares 2025 Municipal Bond ETF has a 12-month low of $23.83 and a 12-month high of $24.67. The firm has a 50-day moving average price of $24.51 and a 200 day moving average price of $24.39.

Invesco BulletShares 2025 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were paid a $0.053 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Monday, August 19th.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

The Invesco BulletShares 2025 Municipal Bond ETF (BSMP) 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 2025. BSMP was launched on Sep 25, 2019 and is managed by Invesco.