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 increase in short interest in October. As of October 31st, there was short interest totalling 9,200 shares, an increase of 35.3% from the October 15th total of 6,800 shares. Based on an average daily trading volume, of 42,400 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2025 Municipal Bond ETF Trading Up 0.2 %

Shares of NASDAQ BSMP traded up $0.05 during mid-day trading on Friday, reaching $24.59. The company had a trading volume of 33,359 shares, compared to its average volume of 40,598. The firm has a 50 day simple moving average of $24.51 and a two-hundred day simple moving average of $24.43. Invesco BulletShares 2025 Municipal Bond ETF has a 52-week low of $24.06 and a 52-week high of $24.69.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a dividend yield of 2.54%. The ex-dividend date was Monday, October 21st.

Institutional Trading of Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Voisard Asset Management Group Inc. boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 1.9% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 29,354 shares of the company’s stock valued at $719,000 after purchasing an additional 554 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 6.4% in the third quarter. Captrust Financial Advisors now owns 21,340 shares of the company’s stock valued at $523,000 after acquiring an additional 1,291 shares during the period. Secure Asset Management LLC grew its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 5.1% during the second quarter. Secure Asset Management LLC now owns 26,395 shares of the company’s stock worth $641,000 after acquiring an additional 1,292 shares during the last quarter. AA Financial Advisors LLC increased its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 4.3% in the 3rd quarter. AA Financial Advisors LLC now owns 40,123 shares of the company’s stock valued at $983,000 after acquiring an additional 1,639 shares during the period. Finally, Cornerstone Wealth Management LLC raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 5.3% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 34,293 shares of the company’s stock valued at $840,000 after purchasing an additional 1,716 shares during 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.