Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Update

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 45,066 shares, a growth of 63.2% from the May 14th total of 27,614 shares. Based on an average daily volume of 74,205 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Financial Solutions Advisory Group Inc. purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at about $8,155,000. Bank of America Corp DE boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 63.9% in the 1st quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock worth $11,039,000 after purchasing an additional 181,981 shares during the period. Coastline Complete Wealth LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth approximately $3,685,000. Thrivent Financial for Lutherans grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 625.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 101,675 shares of the company’s stock valued at $2,406,000 after buying an additional 87,660 shares in the last quarter. Finally, Hills Bank & Trust Co grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 68.4% during the 4th quarter. Hills Bank & Trust Co now owns 206,566 shares of the company’s stock valued at $4,888,000 after buying an additional 83,937 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMR opened at $23.62 on Tuesday. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.35 and a 12-month high of $23.85. The firm has a 50 day moving average of $23.63 and a 200 day moving average of $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.055 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, May 18th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.