Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Grows By 48.4%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 58,600 shares, an increase of 48.4% from the November 30th total of 39,500 shares. Based on an average daily trading volume, of 47,800 shares, the short-interest ratio is currently 1.2 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Invesco BulletShares 2027 Municipal Bond ETF stock traded up $0.07 during midday trading on Monday, reaching $23.62. 10,442 shares of the stock traded hands, compared to its average volume of 45,703. The company has a 50-day simple moving average of $23.69 and a two-hundred day simple moving average of $23.67. 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 disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0534 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Large investors have recently added to or reduced their stakes in the business. Raymond James & Associates raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 2.8% in the 2nd quarter. Raymond James & Associates now owns 110,637 shares of the company’s stock valued at $2,598,000 after purchasing an additional 3,040 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 5.5% in the second quarter. Commonwealth Equity Services LLC now owns 150,616 shares of the company’s stock valued at $3,536,000 after acquiring an additional 7,798 shares in the last quarter. Aptus Capital Advisors LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.3% in the second quarter. Aptus Capital Advisors LLC now owns 37,180 shares of the company’s stock worth $873,000 after acquiring an additional 850 shares during the last quarter. Midland Wealth Advisors LLC grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 5.6% during the 2nd quarter. Midland Wealth Advisors LLC now owns 20,194 shares of the company’s stock worth $474,000 after acquiring an additional 1,075 shares in the last quarter. Finally, Addison Advisors LLC grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 5.9% during the 2nd quarter. Addison Advisors LLC now owns 16,145 shares of the company’s stock worth $379,000 after acquiring an additional 895 shares in the last quarter.

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.