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

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 11,400 shares, a decline of 43.6% from the March 31st total of 20,200 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Sterling Financial Group Inc. raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 16.3% during the 3rd quarter. Sterling Financial Group Inc. now owns 30,008 shares of the company’s stock worth $720,000 after acquiring an additional 4,205 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 34.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 75,709 shares of the company’s stock valued at $1,817,000 after purchasing an additional 19,533 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 5.7% during the third quarter. Commonwealth Equity Services LLC now owns 136,532 shares of the company’s stock valued at $3,277,000 after purchasing an additional 7,410 shares in the last quarter. Sentinel Pension Advisors Inc. increased its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 14.8% in the third quarter. Sentinel Pension Advisors Inc. now owns 13,002 shares of the company’s stock worth $312,000 after purchasing an additional 1,680 shares during the last quarter. Finally, Raymond James & Associates lifted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 3.4% in the third quarter. Raymond James & Associates now owns 116,690 shares of the company’s stock worth $2,801,000 after buying an additional 3,785 shares in the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Trading Up 0.1 %

Shares of NASDAQ:BSMP traded up $0.02 during midday trading on Friday, hitting $24.28. The company had a trading volume of 23,456 shares, compared to its average volume of 36,788. The company has a fifty day moving average of $24.36 and a two-hundred day moving average of $24.34. Invesco BulletShares 2025 Municipal Bond ETF has a 12-month low of $23.83 and a 12-month high of $24.59.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd will be given a dividend of $0.0509 per share. The ex-dividend date is Monday, April 22nd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.52%.

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.