Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 28.1% in November

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 39,500 shares, a drop of 28.1% from the November 15th total of 54,900 shares. Based on an average daily trading volume, of 48,300 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.1 %

Shares of NASDAQ BSMR traded down $0.02 during mid-day trading on Friday, reaching $23.73. 30,945 shares of the company’s stock traded hands, compared to its average volume of 44,985. The business has a 50-day simple moving average of $23.71 and a 200 day simple moving average of $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $23.30 and a 1-year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

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

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sanctuary Advisors LLC raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 123.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock valued at $4,101,000 after buying an additional 95,675 shares during the last quarter. MML Investors Services LLC grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 5.1% in the 3rd quarter. MML Investors Services LLC now owns 26,405 shares of the company’s stock worth $626,000 after acquiring an additional 1,283 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 368.1% in the third quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock valued at $1,273,000 after purchasing an additional 42,252 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 11.3% during the third quarter. Integrated Wealth Concepts LLC now owns 41,582 shares of the company’s stock valued at $985,000 after purchasing an additional 4,211 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 169.8% during the third quarter. HighTower Advisors LLC now owns 56,261 shares of the company’s stock worth $1,334,000 after purchasing an additional 35,407 shares during the last quarter.

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.