Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Significant Increase in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 26,700 shares, a growth of 66.9% from the January 15th total of 16,000 shares. Based on an average trading volume of 55,600 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSMP. OneAscent Financial Services LLC acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth about $4,680,000. Raymond James Financial Inc. purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter valued at approximately $3,517,000. Envestnet Asset Management Inc. boosted its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 50.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 310,150 shares of the company’s stock valued at $7,602,000 after buying an additional 103,557 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 90.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 155,160 shares of the company’s stock worth $3,803,000 after purchasing an additional 73,590 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 33.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 244,584 shares of the company’s stock worth $5,995,000 after purchasing an additional 61,838 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMP traded up $0.02 during midday trading on Thursday, hitting $24.59. 102,157 shares of the company’s stock were exchanged, compared to its average volume of 62,291. Invesco BulletShares 2025 Municipal Bond ETF has a twelve month low of $24.06 and a twelve month high of $24.77. The firm’s fifty day simple moving average is $24.55 and its 200-day simple moving average is $24.53.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.0525 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05.

About Invesco BulletShares 2025 Municipal Bond ETF

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.