Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 94.9% in July

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large decrease in short interest in July. As of July 31st, there was short interest totalling 3,300 shares, a decrease of 94.9% from the July 15th total of 65,300 shares. Based on an average daily trading volume, of 49,400 shares, the days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1 %

Shares of NASDAQ:BSMR traded down $0.03 during trading on Wednesday, reaching $23.66. 167,909 shares of the company traded hands, compared to its average volume of 39,658. The firm has a fifty day simple moving average of $23.58 and a 200 day simple moving average of $23.60. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.63 and a 1-year high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a dividend of $0.054 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 22nd. This represents a $0.65 dividend on an annualized basis and a yield of 2.74%.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in the company. Fortress Wealth Management Inc. bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at approximately $1,201,000. Avior Wealth Management LLC grew its stake in Invesco BulletShares 2027 Municipal Bond ETF by 19.7% in the 4th quarter. Avior Wealth Management LLC now owns 31,149 shares of the company’s stock valued at $745,000 after buying an additional 5,128 shares during the last quarter. Meridian Wealth Management LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth $445,000. MONECO Advisors LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth $262,000. Finally, Raymond James & Associates boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 6.0% during the fourth quarter. Raymond James & Associates now owns 105,775 shares of the company’s stock valued at $2,528,000 after acquiring an additional 5,987 shares during the period.

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.