Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 48.1% in March

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 16,500 shares, a decrease of 48.1% from the March 15th total of 31,800 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 58,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of the business. Principal Securities Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at $94,000. Webster Bank N. A. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 74.7% during the 4th quarter. Webster Bank N. A. now owns 5,520 shares of the company’s stock valued at $130,000 after buying an additional 2,360 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter valued at about $155,000. Signaturefd LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter valued at approximately $158,000. Finally, PNC Financial Services Group Inc. increased its holdings in 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 worth $181,000 after acquiring an additional 2,121 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.1 %

Shares of NASDAQ:BSMR opened at $23.24 on Friday. The firm’s 50 day moving average price is $23.55 and its 200-day moving average price is $23.63. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $22.88 and a twelve month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.054 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2027 Municipal Bond ETF Company Profile

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.