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

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 6,800 shares, a decrease of 48.5% from the September 30th total of 13,200 shares. Based on an average daily trading volume, of 45,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco BulletShares 2025 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 2nd quarter worth $62,000. Foundry Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the third quarter worth approximately $201,000. Koss Olinger Consulting LLC bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the second quarter valued at approximately $227,000. First Command Advisory Services Inc. grew its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 738.5% during the second quarter. First Command Advisory Services Inc. now owns 9,660 shares of the company’s stock valued at $235,000 after purchasing an additional 8,508 shares during the period. Finally, Silverlake Wealth Management LLC bought a new position in Invesco BulletShares 2025 Municipal Bond ETF during the first quarter valued at $268,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMP remained flat at $24.51 during mid-day trading on Friday. The stock had a trading volume of 40,042 shares, compared to its average volume of 40,990. The firm’s fifty day moving average is $24.51 and its two-hundred day moving average is $24.41. Invesco BulletShares 2025 Municipal Bond ETF has a 52 week low of $23.83 and a 52 week high of $24.67.

Invesco BulletShares 2025 Municipal Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a dividend of $0.052 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.62 annualized dividend and a dividend yield of 2.55%.

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.