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

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 5,000 shares, a decline of 84.2% from the December 15th total of 31,600 shares. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

Shares of BSMP stock traded up $0.02 during mid-day trading on Wednesday, reaching $24.56. 254,631 shares of the stock traded hands, compared to its average volume of 93,370. The stock’s fifty day simple moving average is $24.54 and its two-hundred day simple moving average is $24.51. Invesco BulletShares 2025 Municipal Bond ETF has a 1-year low of $24.06 and a 1-year high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0508 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2025 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 2nd quarter worth about $62,000. Creative Financial Designs Inc. ADV bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the third quarter valued at approximately $99,000. Foundry Financial Group Inc. bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the third quarter valued at approximately $201,000. Addison Advisors LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 22.9% during the 3rd quarter. Addison Advisors LLC now owns 10,170 shares of the company’s stock valued at $249,000 after purchasing an additional 1,895 shares during the period. Finally, Claro Advisors LLC raised its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 46.1% during the 4th quarter. Claro Advisors LLC now owns 12,960 shares of the company’s stock worth $318,000 after purchasing an additional 4,089 shares during the last quarter.

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.