Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Update

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

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSMP. Stifel Financial Corp lifted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 24.3% in the third quarter. Stifel Financial Corp now owns 20,242 shares of the company’s stock valued at $496,000 after buying an additional 3,960 shares during the period. JPMorgan Chase & Co. raised its holdings in 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 worth $697,000 after buying an additional 19,714 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Invesco BulletShares 2025 Municipal Bond ETF by 36.4% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 182,746 shares of the company’s stock worth $4,475,000 after purchasing an additional 48,727 shares during the period. Thrivent Financial for Lutherans boosted its position in Invesco BulletShares 2025 Municipal Bond ETF by 33.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 29,948 shares of the company’s stock worth $734,000 after acquiring an additional 7,580 shares during the last quarter. Finally, Claro Advisors LLC boosted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 400.6% during the third quarter. Claro Advisors LLC now owns 44,367 shares of the company’s stock worth $1,087,000 after purchasing an additional 35,505 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Trading Down 0.0 %

Shares of BSMP stock traded down $0.01 during trading hours on Wednesday, hitting $24.57. The company had a trading volume of 33,131 shares, compared to its average volume of 70,084. The firm’s fifty day moving average is $24.55 and its 200 day moving average is $24.52. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.0525 per share. This is a boost from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Tuesday, January 21st.

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.