Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Large Growth in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 877 shares, a growth of 62.1% from the November 30th total of 541 shares. Based on an average daily trading volume, of 56,349 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 56,349 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Reliant Wealth Planning purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the second quarter worth $2,046,000. Thrivent Financial for Lutherans acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF during the second quarter valued at $1,717,000. Ameriprise Financial Inc. boosted its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 274.4% during the third quarter. Ameriprise Financial Inc. now owns 58,949 shares of the company’s stock valued at $1,446,000 after acquiring an additional 43,205 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the 3rd quarter worth about $941,000. Finally, Jane Street Group LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 87.7% during the 1st quarter. Jane Street Group LLC now owns 73,720 shares of the company’s stock worth $1,805,000 after purchasing an additional 34,441 shares in the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

NASDAQ:BSMP traded down $0.02 during mid-day trading on Friday, hitting $24.49. 31,109 shares of the company’s stock traded hands, compared to its average volume of 49,459. The firm’s 50 day simple moving average is $24.51 and its 200 day simple moving average is $24.51. Invesco BulletShares 2025 Municipal Bond ETF has a 1 year low of $24.26 and a 1 year high of $24.66.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were paid a dividend of $0.0078 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, December 15th.

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.