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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 13,000 shares, a decline of 16.1% from the February 13th total of 15,500 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 57,200 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of BSMR opened at $23.65 on Wednesday. The company 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 fifty-two week low of $23.30 and a fifty-two week high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were issued a $0.0525 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in BSMR. Principal Securities Inc. purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at about $94,000. Webster Bank N. A. raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 74.7% during the 4th quarter. Webster Bank N. A. now owns 5,520 shares of the company’s stock worth $130,000 after acquiring an additional 2,360 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at approximately $155,000. Signaturefd LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at approximately $158,000. Finally, PNC Financial Services Group Inc. boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 38.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,659 shares of the company’s stock valued at $181,000 after acquiring an additional 2,121 shares in the last quarter.

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.