Short Interest in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Declines By 84.2%

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 5,000 shares, a drop of 84.2% from the December 15th total of 31,600 shares. Based on an average daily trading volume, of 49,100 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

NASDAQ:BSMP traded up $0.04 during mid-day trading on Tuesday, reaching $24.57. The company’s stock had a trading volume of 10,367 shares, compared to its average volume of 71,038. The firm’s fifty day moving average price is $24.54 and its two-hundred day moving average price is $24.51. Invesco BulletShares 2025 Municipal Bond ETF has a 12-month low of $24.06 and a 12-month high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0508 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BSMP. Atlantic Union Bankshares Corp lifted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 36.4% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 182,746 shares of the company’s stock valued at $4,475,000 after buying an additional 48,727 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 15.0% in the second quarter. Envestnet Asset Management Inc. now owns 157,329 shares of the company’s stock worth $3,822,000 after purchasing an additional 20,563 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 4.7% in the third quarter. Integrated Wealth Concepts LLC now owns 147,545 shares of the company’s stock worth $3,613,000 after purchasing an additional 6,561 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 4.2% during the 2nd quarter. NewEdge Advisors LLC now owns 122,988 shares of the company’s stock valued at $2,987,000 after purchasing an additional 4,930 shares during the period. Finally, Asset Dedication LLC lifted its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 5.1% during the 3rd quarter. Asset Dedication LLC now owns 97,811 shares of the company’s stock valued at $2,395,000 after buying an additional 4,705 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.