Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Update

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 3,300 shares, a decline of 67.3% from the August 15th total of 10,100 shares. Based on an average daily trading volume, of 64,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Confluence Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth about $6,140,000. Key Financial Inc lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.3% in the 2nd quarter. Key Financial Inc now owns 251,706 shares of the company’s stock worth $5,910,000 after purchasing an additional 5,755 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 5.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 150,616 shares of the company’s stock valued at $3,536,000 after purchasing an additional 7,798 shares during the period. Atlantic Union Bankshares Corp grew its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 20.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 135,107 shares of the company’s stock valued at $3,172,000 after purchasing an additional 22,496 shares in the last quarter. Finally, NewEdge Advisors LLC grew 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 valued at $2,849,000 after purchasing an additional 5,081 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock remained flat at $23.71 during midday trading on Friday. 63,682 shares of the company’s stock were exchanged, compared to its average volume of 44,447. The firm has a 50 day moving average price of $23.66 and a 200-day moving average price of $23.59. 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 business also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a dividend of $0.059 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 2.99%. This is a positive change from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, August 19th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.