Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Up 139.4% in February

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 131,207 shares, an increase of 139.4% from the January 29th total of 54,813 shares. Based on an average trading volume of 266,454 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 266,454 shares, the short-interest ratio is currently 0.5 days.

Invesco Total Return Bond ETF Trading Up 0.1%

Shares of GTO opened at $47.88 on Friday. The business’s fifty day simple moving average is $47.59 and its two-hundred day simple moving average is $47.52. Invesco Total Return Bond ETF has a 12 month low of $45.46 and a 12 month high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be issued a $0.1797 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, February 23rd.

Institutional Trading of Invesco Total Return Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its holdings in shares of Invesco Total Return Bond ETF by 67.2% during the fourth quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock valued at $198,278,000 after purchasing an additional 1,680,006 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in Invesco Total Return Bond ETF by 385.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 449,070 shares of the company’s stock valued at $21,295,000 after buying an additional 356,595 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco Total Return Bond ETF by 45.7% during the 2nd quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock valued at $50,175,000 after buying an additional 335,677 shares during the period. Richmond Investment Services LLC boosted its stake in shares of Invesco Total Return Bond ETF by 752.2% in the 2nd quarter. Richmond Investment Services LLC now owns 236,542 shares of the company’s stock worth $11,091,000 after buying an additional 208,785 shares during the last quarter. Finally, CWM LLC grew its holdings in shares of Invesco Total Return Bond ETF by 11.8% in the third quarter. CWM LLC now owns 1,899,614 shares of the company’s stock worth $90,251,000 after acquiring an additional 200,273 shares during the period.

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.