Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Short Interest Down 6.5% in July

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 32,900 shares, a drop of 6.5% from the July 15th total of 35,200 shares. Based on an average daily trading volume, of 43,900 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BSMP. YHB Investment Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF during the first quarter worth $44,000. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the 2nd quarter worth about $62,000. Parallel Advisors LLC bought a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter worth about $74,000. Advisory Services Network LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at about $206,000. Finally, Koss Olinger Consulting LLC bought a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF during the second quarter valued at about $227,000.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

Shares of BSMP opened at $24.42 on Wednesday. Invesco BulletShares 2025 Municipal Bond ETF has a 1 year low of $23.83 and a 1 year high of $24.59. The stock’s fifty day moving average price is $24.42 and its two-hundred day moving average price is $24.37.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Monday, August 19th will be given a $0.053 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Monday, August 19th.

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.