Short Interest in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Declines By 94.5%

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 94.5% from the February 28th total of 25,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 57,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Principal Securities Inc. increased its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 1,420.0% in the fourth quarter. Principal Securities Inc. now owns 3,800 shares of the company’s stock worth $93,000 after purchasing an additional 3,550 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 116.0% during the 4th quarter. Jones Financial Companies Lllp now owns 4,740 shares of the company’s stock worth $116,000 after acquiring an additional 2,546 shares in the last quarter. Crews Bank & Trust bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at approximately $198,000. MGO One Seven LLC purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter valued at $205,000. Finally, Cary Street Partners Financial LLC bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter worth $213,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

BSMP remained flat at $24.42 during trading on Wednesday. 32,410 shares of the company’s stock were exchanged, compared to its average volume of 45,980. Invesco BulletShares 2025 Municipal Bond ETF has a twelve month low of $24.06 and a twelve month high of $24.77. The business’s 50-day simple moving average is $24.55 and its two-hundred day simple moving average is $24.54.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.0514 dividend. This is an increase from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date is Monday, March 24th.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

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.