Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Sees Significant Growth in Short Interest

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 54,900 shares, a growth of 78.2% from the October 31st total of 30,800 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is currently 1.0 days.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock traded up $0.01 on Thursday, reaching $23.75. The company had a trading volume of 17,983 shares, compared to its average volume of 44,749. The firm’s 50-day moving average price is $23.69 and its two-hundred day moving average price is $23.62. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $23.30 and a 1 year high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.0565 per share. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Institutional investors have recently made changes to their positions in the company. River Street Advisors LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at about $50,000. Webster Bank N. A. raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 25.1% in the third quarter. Webster Bank N. A. now owns 3,160 shares of the company’s stock worth $75,000 after buying an additional 635 shares during the period. First Command Advisory Services Inc. raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 88.4% in the second quarter. First Command Advisory Services Inc. now owns 5,604 shares of the company’s stock worth $132,000 after buying an additional 2,629 shares during the period. Voisard Asset Management Group Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at $211,000. Finally, Kades & Cheifetz LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at $224,000.

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.