Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Significant Growth in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,900 shares, a growth of 35.7% from the March 15th total of 1,400 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco BulletShares 2025 Municipal Bond ETF Trading Up 0.1 %

Shares of Invesco BulletShares 2025 Municipal Bond ETF stock traded up $0.03 during trading on Friday, reaching $24.48. 44,062 shares of the stock traded hands, compared to its average volume of 47,193. Invesco BulletShares 2025 Municipal Bond ETF has a 52-week low of $24.06 and a 52-week high of $24.77. The business has a fifty day simple moving average of $24.50 and a two-hundred day simple moving average of $24.53.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.0514 dividend. This is an increase from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BSMP. Choreo LLC raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 19.5% during the fourth quarter. Choreo LLC now owns 10,264 shares of the company’s stock valued at $252,000 after purchasing an additional 1,674 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 6.0% in the 4th quarter. HighTower Advisors LLC now owns 54,962 shares of the company’s stock worth $1,347,000 after buying an additional 3,087 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 225.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,445 shares of the company’s stock valued at $697,000 after buying an additional 19,714 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 382,339 shares of the company’s stock valued at $9,371,000 after acquiring an additional 16,608 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in Invesco BulletShares 2025 Municipal Bond ETF by 116.0% in the fourth quarter. Jones Financial Companies Lllp now owns 4,740 shares of the company’s stock worth $116,000 after acquiring an additional 2,546 shares in the last quarter.

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.