Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Large Decrease in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 31,600 shares, a drop of 12.9% from the November 30th total of 36,300 shares. Based on an average daily volume of 44,900 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2025 Municipal Bond ETF Stock Down 0.1 %

Invesco BulletShares 2025 Municipal Bond ETF stock traded down $0.02 during midday trading on Tuesday, hitting $24.51. 26,055 shares of the company were exchanged, compared to its average volume of 42,011. Invesco BulletShares 2025 Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.77. The business has a fifty day simple moving average of $24.54 and a two-hundred day simple moving average of $24.49.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0508 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Raymond James & Associates increased its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 1.8% in the 2nd quarter. Raymond James & Associates now owns 143,815 shares of the company’s stock worth $3,493,000 after acquiring an additional 2,479 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Invesco BulletShares 2025 Municipal Bond ETF by 7.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 25,194 shares of the company’s stock valued at $612,000 after buying an additional 1,828 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 3.3% during the second quarter. Aptus Capital Advisors LLC now owns 65,138 shares of the company’s stock valued at $1,582,000 after acquiring an additional 2,065 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the second quarter worth approximately $227,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 2nd quarter valued at $62,000.

About Invesco BulletShares 2025 Municipal Bond ETF

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.