Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Up 66.9% in January

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 26,700 shares, an increase of 66.9% from the January 15th total of 16,000 shares. Based on an average daily trading volume, of 55,600 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds have recently modified their holdings of the stock. Beacon Pointe Advisors LLC raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 9.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 32,730 shares of the company’s stock worth $802,000 after purchasing an additional 2,838 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 29.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 190,632 shares of the company’s stock worth $4,672,000 after purchasing an additional 43,087 shares during the period. MGO One Seven LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter valued at approximately $205,000. MML Investors Services LLC grew its stake in Invesco BulletShares 2025 Municipal Bond ETF by 8.0% in the 4th quarter. MML Investors Services LLC now owns 99,358 shares of the company’s stock valued at $2,435,000 after buying an additional 7,385 shares in the last quarter. Finally, Freedom Investment Management Inc. purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter valued at approximately $282,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2025 Municipal Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $24.59. 30,710 shares of the stock were exchanged, compared to its average volume of 64,400. The company has a 50-day simple moving average of $24.55 and a 200 day simple moving average of $24.53. 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 business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a $0.0525 dividend. The ex-dividend date was Tuesday, January 21st. This is a boost from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

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.