Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Update

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 190,872 shares, an increase of 211.2% from the May 31st total of 61,338 shares. Based on an average trading volume of 326,920 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GTO. Your Advocates Ltd. LLP bought a new stake in Invesco Total Return Bond ETF during the 1st quarter valued at $29,000. Longview Financial Advisors Inc. bought a new stake in Invesco Total Return Bond ETF in the 1st quarter worth $48,000. Y.D. More Investments Ltd purchased a new position in shares of Invesco Total Return Bond ETF in the first quarter valued at about $70,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Total Return Bond ETF by 1,365.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock valued at $87,000 after acquiring an additional 1,707 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of Invesco Total Return Bond ETF in the third quarter valued at about $112,000.

Invesco Total Return Bond ETF Stock Up 0.0%

Shares of Invesco Total Return Bond ETF stock opened at $47.00 on Tuesday. The business’s 50 day simple moving average is $46.87 and its two-hundred day simple moving average is $47.22. Invesco Total Return Bond ETF has a one year low of $46.18 and a one year high of $48.01.

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.