Invesco Total Return Bond ETF (NYSEARCA:GTO) Sees Large Increase in Short Interest

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 329,667 shares, a growth of 751.0% from the September 15th total of 38,740 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 432,286 shares, the short-interest ratio is currently 0.8 days.

Invesco Total Return Bond ETF Stock Performance

Shares of GTO stock traded up $0.02 during trading hours on Friday, hitting $44.74. The company had a trading volume of 218,616 shares, compared to its average volume of 268,241. The company’s fifty day moving average is $45.67 and its 200 day moving average is $46.39. Invesco Total Return Bond ETF has a fifty-two week low of $44.42 and a fifty-two week high of $47.98.

Institutional Trading of Invesco Total Return Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GTO. Your Advocates Ltd. LLP purchased a new position in shares of Invesco Total Return Bond ETF during the first quarter worth $29,000. Longview Financial Advisors Inc. purchased a new stake in shares of Invesco Total Return Bond ETF in the 1st quarter valued at $48,000. Y.D. More Investments Ltd purchased a new stake in shares of Invesco Total Return Bond ETF in the 1st quarter valued at $70,000. Signature Equity Partners LLC raised its holdings in shares of Invesco Total Return Bond ETF by 8.6% in the 1st quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock valued at $172,000 after buying an additional 292 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in shares of Invesco Total Return Bond ETF by 40.9% in the 2nd quarter. CoreCap Advisors LLC now owns 3,834 shares of the company’s stock valued at $180,000 after buying an additional 1,112 shares during the period.

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.