Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Sees Large Drop in Short Interest

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 26,000 shares, a decrease of 55.6% from the December 31st total of 58,600 shares. Based on an average trading volume of 53,400 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Hedge funds have recently bought and sold shares of the company. Key Financial Inc boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 8.5% in the 3rd quarter. Key Financial Inc now owns 273,136 shares of the company’s stock valued at $6,473,000 after buying an additional 21,430 shares during the period. Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 37.8% in the third quarter. Atlantic Union Bankshares Corp now owns 186,189 shares of the company’s stock valued at $4,413,000 after acquiring an additional 51,082 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 123.7% in the third quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock worth $4,101,000 after acquiring an additional 95,675 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 44.8% during the 4th quarter. Avior Wealth Management LLC now owns 128,236 shares of the company’s stock worth $3,026,000 after acquiring an additional 39,677 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 121,344 shares of the company’s stock worth $2,849,000 after purchasing an additional 5,081 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock traded down $0.06 during trading hours on Wednesday, hitting $23.57. The company’s stock had a trading volume of 4,757 shares, compared to its average volume of 63,714. The firm has a fifty day moving average of $23.67 and a 200-day moving average of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.30 and a twelve month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.0551 per share. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, January 21st.

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.