Invesco Total Return Bond ETF (NYSEARCA:GTO) Sees Significant Decrease in Short Interest

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 38,740 shares, a decline of 68.6% from the August 31st total of 123,408 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 254,906 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco Total Return Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Signature Equity Partners LLC grew its holdings in shares of Invesco Total Return Bond ETF by 8.6% during the first quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock worth $172,000 after buying an additional 292 shares in the last quarter. Alteri Wealth LLC raised its position in shares of Invesco Total Return Bond ETF by 4.8% in the fourth quarter. Alteri Wealth LLC now owns 8,478 shares of the company’s stock valued at $402,000 after buying an additional 387 shares during the last quarter. Krilogy Financial LLC lifted its stake in shares of Invesco Total Return Bond ETF by 5.7% during the first quarter. Krilogy Financial LLC now owns 10,361 shares of the company’s stock valued at $489,000 after buying an additional 563 shares during the period. Barnes Wealth Management Group Inc lifted its stake in shares of Invesco Total Return Bond ETF by 5.0% during the fourth quarter. Barnes Wealth Management Group Inc now owns 12,669 shares of the company’s stock valued at $601,000 after buying an additional 609 shares during the period. Finally, Your Advocates Ltd. LLP purchased a new position in shares of Invesco Total Return Bond ETF during the first quarter valued at approximately $29,000.

Invesco Total Return Bond ETF Stock Up 0.1%

GTO traded up $0.04 during trading on Friday, reaching $44.90. 877,143 shares of the stock were exchanged, compared to its average volume of 257,997. Invesco Total Return Bond ETF has a 1 year low of $44.74 and a 1 year high of $47.98. The business’s 50 day moving average price is $45.98 and its two-hundred day moving average price is $46.56.

About Invesco Total Return Bond ETF

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.