Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Up 395.1% in May

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMPGet Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 70,300 shares, a growth of 395.1% from the April 30th total of 14,200 shares. Based on an average daily volume of 27,800 shares, the short-interest ratio is presently 2.5 days.

Invesco BulletShares 2025 Municipal Bond ETF Trading Up 0.2 %

Shares of NASDAQ BSMP traded up $0.04 during mid-day trading on Friday, reaching $24.20. 19,718 shares of the company’s stock were exchanged, compared to its average volume of 31,337. Invesco BulletShares 2025 Municipal Bond ETF has a 52 week low of $23.72 and a 52 week high of $25.18. The firm has a 50-day moving average price of $24.38 and a two-hundred day moving average price of $24.41.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 26th. Investors of record on Tuesday, May 23rd will be paid a $0.0452 dividend. This is a boost from Invesco BulletShares 2025 Municipal Bond ETF’s previous monthly dividend of $0.04. This represents a $0.54 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Monday, May 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Almanack Investment Partners LLC. purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 3rd quarter valued at about $25,000. Stonebridge Capital Advisors LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 1st quarter valued at about $37,000. Capital Analysts LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at about $52,000. Tyler Stone Wealth Management purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at about $97,000. Finally, OLD Second National Bank of Aurora grew its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 1,035.8% during the 1st quarter. OLD Second National Bank of Aurora now owns 5,838 shares of the company’s stock valued at $143,000 after buying an additional 5,324 shares in the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

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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.

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