Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Down 83.3% in December

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 25,580 shares, a decrease of 83.3% from the November 30th total of 152,943 shares. Based on an average trading volume of 339,218 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 339,218 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Total Return Bond ETF Stock Performance

GTO traded up $0.12 on Thursday, reaching $47.50. The company’s stock had a trading volume of 106,299 shares, compared to its average volume of 215,837. The stock has a 50 day moving average of $47.60 and a two-hundred day moving average of $47.22. Invesco Total Return Bond ETF has a fifty-two week low of $45.46 and a fifty-two week high of $48.01.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GTO. True Wealth Design LLC purchased a new stake in Invesco Total Return Bond ETF in the 3rd quarter valued at $29,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Total Return Bond ETF by 500.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock valued at $52,000 after acquiring an additional 920 shares in the last quarter. Harbour Investments Inc. increased its position in Invesco Total Return Bond ETF by 49.7% during the 2nd quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock worth $63,000 after purchasing an additional 449 shares during the period. TD Private Client Wealth LLC acquired a new position in Invesco Total Return Bond ETF during the third quarter worth $77,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of Invesco Total Return Bond ETF during the 3rd quarter worth $112,000.

Invesco Total Return Bond ETF Company Profile

The Invesco Total Return Bond ETF (GTO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with the ability to invest in any number of fixed income securities with varying credit ratings, countries, and durations. GTO was launched on Feb 10, 2016 and is managed by Invesco.