Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Sees Significant Growth in Short Interest

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 54,900 shares, an increase of 78.2% from the October 31st total of 30,800 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. AA Financial Advisors LLC lifted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 9.0% in the 2nd quarter. AA Financial Advisors LLC now owns 20,623 shares of the company’s stock valued at $484,000 after buying an additional 1,704 shares during the period. Bill Few Associates Inc. boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 33.1% during the 2nd quarter. Bill Few Associates Inc. now owns 17,119 shares of the company’s stock worth $402,000 after purchasing an additional 4,260 shares in the last quarter. Raymond James & Associates grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 2.8% during the 2nd quarter. Raymond James & Associates now owns 110,637 shares of the company’s stock worth $2,598,000 after purchasing an additional 3,040 shares during the period. MONECO Advisors LLC increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 122.8% in the 2nd quarter. MONECO Advisors LLC now owns 23,774 shares of the company’s stock valued at $558,000 after purchasing an additional 13,103 shares in the last quarter. Finally, Hobbs Group Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter valued at about $892,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR traded up $0.02 during trading on Friday, hitting $23.77. The stock had a trading volume of 3,207 shares, compared to its average volume of 44,569. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.30 and a twelve month high of $23.92. The company’s 50-day moving average price is $23.70 and its 200 day moving average price is $23.63.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a dividend of $0.0565 per share. The ex-dividend date was Monday, November 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.