Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Drops By 16.1%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 13,000 shares, a drop of 16.1% from the February 13th total of 15,500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 57,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of large investors have recently modified their holdings of BSMR. Avior Wealth Management LLC boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 51.3% during the 3rd quarter. Avior Wealth Management LLC now owns 88,559 shares of the company’s stock valued at $2,099,000 after acquiring an additional 30,040 shares during the last quarter. Meridian Wealth Management LLC lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 6.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 32,420 shares of the company’s stock worth $768,000 after buying an additional 1,938 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth approximately $1,286,000. Atlantic Union Bankshares Corp lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 37.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 186,189 shares of the company’s stock worth $4,413,000 after buying an additional 51,082 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 11.6% in the 3rd quarter. Captrust Financial Advisors now owns 12,314 shares of the company’s stock worth $292,000 after buying an additional 1,279 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1 %

Shares of BSMR opened at $23.63 on Tuesday. The stock has a 50-day moving average price of $23.66 and a 200-day moving average price of $23.69. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.30 and a 12-month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.0525 per share. The ex-dividend date was Monday, February 24th.

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.