Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 55.6% in January

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 26,000 shares, a decline of 55.6% from the December 31st total of 58,600 shares. Based on an average daily volume of 53,400 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds have recently modified their holdings of the company. Tlwm increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.0% during the 4th quarter. Tlwm now owns 22,276 shares of the company’s stock worth $526,000 after buying an additional 436 shares in the last quarter. Webster Bank N. A. increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 25.1% during the third quarter. Webster Bank N. A. now owns 3,160 shares of the company’s stock worth $75,000 after purchasing an additional 635 shares in the last quarter. Silverlake Wealth Management LLC raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 7.7% in the 4th quarter. Silverlake Wealth Management LLC now owns 11,768 shares of the company’s stock valued at $278,000 after purchasing an additional 844 shares during the last quarter. Captrust Financial Advisors lifted its holdings 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 valued at $292,000 after purchasing an additional 1,279 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 5.1% during the 3rd quarter. MML Investors Services LLC now owns 26,405 shares of the company’s stock worth $626,000 after purchasing an additional 1,283 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.3 %

Shares of NASDAQ:BSMR traded down $0.06 during midday trading on Wednesday, reaching $23.57. The company’s stock had a trading volume of 4,757 shares, compared to its average volume of 63,714. The stock has a fifty day moving average of $23.67 and a 200 day moving average of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.30 and a twelve month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.0551 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05.

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.