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

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

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several large investors 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 in the 4th quarter valued at $94,000. Webster Bank N. A. boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 74.7% in the 4th quarter. Webster Bank N. A. now owns 5,520 shares of the company’s stock valued at $130,000 after acquiring an additional 2,360 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at $155,000. Signaturefd LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at $158,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 38.3% in the 4th 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 during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock opened at $23.67 on Thursday. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.30 and a 12-month high of $23.93. The firm’s 50 day simple moving average is $23.66 and its two-hundred day simple moving average is $23.69.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed 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 was Monday, February 24th.

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.