Short Interest in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Drops By 28.1%

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 39,500 shares, a decrease of 28.1% from the November 15th total of 54,900 shares. Based on an average trading volume of 48,300 shares, the days-to-cover ratio is presently 0.8 days.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1 %

BSMR traded down $0.02 during trading hours on Friday, hitting $23.73. The company’s stock had a trading volume of 30,945 shares, compared to its average volume of 44,985. The business’s 50-day moving average price is $23.71 and its 200-day moving average price is $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.30 and a 12 month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a $0.0565 dividend. The ex-dividend date was Monday, November 18th.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds have recently made changes to their positions in the business. Sanctuary Advisors LLC raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 123.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock valued at $4,101,000 after buying an additional 95,675 shares during the period. CreativeOne Wealth LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the third quarter valued at approximately $1,286,000. Atlantic Union Bankshares Corp boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 37.8% in the third quarter. Atlantic Union Bankshares Corp now owns 186,189 shares of the company’s stock valued at $4,413,000 after acquiring an additional 51,082 shares in the last quarter. Stifel Financial Corp grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 368.1% in the third quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock worth $1,273,000 after purchasing an additional 42,252 shares during the last quarter. Finally, Hobbs Group Advisors LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth $892,000.

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.