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

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

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Several large investors have recently bought and sold shares of the business. HighTower Advisors LLC lifted its position in Invesco Total Return Bond ETF by 15.4% during the first quarter. HighTower Advisors LLC now owns 21,100 shares of the company’s stock valued at $990,000 after buying an additional 2,809 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco Total Return Bond ETF by 2.5% in the first quarter. Raymond James Financial Inc. now owns 414,318 shares of the company’s stock valued at $19,444,000 after buying an additional 10,083 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Total Return Bond ETF by 500.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock worth $52,000 after acquiring an additional 920 shares during the period. Comerica Bank raised its stake in shares of Invesco Total Return Bond ETF by 12.6% during the first quarter. Comerica Bank now owns 16,564 shares of the company’s stock valued at $777,000 after purchasing an additional 1,855 shares during the period. Finally, Baird Financial Group Inc. raised its stake in shares of Invesco Total Return Bond ETF by 0.4% during the first quarter. Baird Financial Group Inc. now owns 599,185 shares of the company’s stock valued at $28,120,000 after purchasing an additional 2,584 shares during the period.

Invesco Total Return Bond ETF Stock Down 0.0%

Shares of NYSEARCA GTO traded down $0.01 during midday trading on Friday, reaching $47.49. 129,469 shares of the stock were exchanged, compared to its average volume of 215,487. Invesco Total Return Bond ETF has a twelve month low of $45.46 and a twelve month high of $48.01. The company has a 50 day simple moving average of $47.58 and a 200 day simple moving average of $47.23.

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.