Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Down 84.2% in December

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the recipient of a large decline in short interest in 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 trading volume of 49,100 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of BSMP traded up $0.02 during mid-day trading on Wednesday, hitting $24.56. 254,631 shares of the company’s stock were exchanged, compared to its average volume of 93,370. The company has a 50-day simple moving average of $24.54 and a 200 day simple moving average of $24.51. Invesco BulletShares 2025 Municipal Bond ETF has a 52 week low of $24.06 and a 52 week high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSMP. Ashton Thomas Private Wealth LLC bought a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 2nd quarter valued at about $62,000. Creative Financial Designs Inc. ADV bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the third quarter worth approximately $99,000. Foundry Financial Group Inc. bought a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the third quarter valued at approximately $201,000. Addison Advisors LLC increased its stake 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 worth $249,000 after acquiring an additional 1,895 shares during the period. Finally, Claro Advisors LLC lifted its position in shares of 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 valued at $318,000 after acquiring an additional 4,089 shares during the period.

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.