Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Short Interest Down 28.1% in November

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 39,500 shares, a drop of 28.1% from the November 15th total of 54,900 shares. Based on an average daily volume of 48,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. River Street Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth about $50,000. Webster Bank N. A. boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 25.1% in the 3rd quarter. Webster Bank N. A. now owns 3,160 shares of the company’s stock valued at $75,000 after acquiring an additional 635 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 88.4% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,604 shares of the company’s stock valued at $132,000 after acquiring an additional 2,629 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter worth $211,000. Finally, Kades & Cheifetz LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the third quarter worth $224,000.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1 %

Shares of NASDAQ BSMR traded down $0.02 during midday trading on Friday, reaching $23.73. The company had a trading volume of 30,945 shares, compared to its average volume of 44,985. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $23.30 and a 1 year high of $23.93. The business’s 50-day simple moving average is $23.71 and its 200 day simple moving average is $23.65.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0565 dividend. The ex-dividend date was Monday, November 18th.

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.