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

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

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several large investors have recently made changes to their positions in the company. River Street Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at $50,000. Webster Bank N. A. lifted its stake in 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 valued at $75,000 after buying an additional 635 shares during the period. Voisard Asset Management Group Inc. bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the third quarter worth about $211,000. Kades & Cheifetz LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter worth about $224,000. Finally, Captrust Financial Advisors raised its position in shares of 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 valued at $292,000 after acquiring an additional 1,279 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMR traded up $0.02 during midday trading on Monday, reaching $23.62. 114 shares of the company’s stock were exchanged, compared to its average volume of 45,847. The company’s 50 day simple moving average is $23.69 and its two-hundred day simple moving average is $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 business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0534 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.