Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Up 500.0% in September

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 19,800 shares, an increase of 500.0% from the August 31st total of 3,300 shares. Based on an average daily trading volume, of 64,500 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of BSMR stock traded up $0.05 on Friday, reaching $23.73. The stock had a trading volume of 13,738 shares, compared to its average volume of 44,266. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.63 and a 1 year high of $23.92. The company has a 50 day simple moving average of $23.68 and a 200 day simple moving average of $23.59.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 23rd will be issued a $0.055 dividend. The ex-dividend date is Monday, September 23rd. This represents a $0.66 dividend on an annualized basis and a yield of 2.78%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of BSMR. Webster Bank N. A. raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 49.9% in the 1st quarter. Webster Bank N. A. now owns 2,525 shares of the company’s stock worth $60,000 after purchasing an additional 840 shares during the period. First Command Advisory Services Inc. bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter valued at about $70,000. Foundry Financial Group Inc. raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 12.6% during the first quarter. Foundry Financial Group Inc. now owns 10,544 shares of the company’s stock valued at $249,000 after acquiring an additional 1,184 shares during the period. Silverlake Wealth Management LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter valued at about $258,000. Finally, MONECO Advisors LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at about $262,000.

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.