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

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 17,201 shares, a decrease of 83.9% from the April 15th total of 106,620 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 354,483 shares, the days-to-cover ratio is currently 0.0 days.

Invesco Total Return Bond ETF Price Performance

GTO traded down $0.11 during trading on Tuesday, hitting $46.89. 164,568 shares of the company traded hands, compared to its average volume of 267,156. The stock’s fifty day moving average is $47.10 and its 200 day moving average is $47.42. Invesco Total Return Bond ETF has a one year low of $45.65 and a one year high of $48.01.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. boosted its stake in Invesco Total Return Bond ETF by 4.0% during the third quarter. Cullen Frost Bankers Inc. now owns 6,188 shares of the company’s stock valued at $294,000 after buying an additional 236 shares during the period. Williams & Novak LLC raised its holdings in shares of Invesco Total Return Bond ETF by 6.3% in the 4th quarter. Williams & Novak LLC now owns 4,875 shares of the company’s stock valued at $231,000 after acquiring an additional 289 shares in the last quarter. Evolution Wealth Advisors LLC raised its holdings in shares of Invesco Total Return Bond ETF by 2.6% in the 4th quarter. Evolution Wealth Advisors LLC now owns 12,300 shares of the company’s stock valued at $583,000 after acquiring an additional 308 shares in the last quarter. Perigon Wealth Management LLC boosted its position in shares of Invesco Total Return Bond ETF by 2.6% during the 4th quarter. Perigon Wealth Management LLC now owns 12,424 shares of the company’s stock valued at $589,000 after acquiring an additional 316 shares during the last quarter. Finally, Vista Cima Wealth Management LLC grew its holdings in shares of Invesco Total Return Bond ETF by 1.8% during the third quarter. Vista Cima Wealth Management LLC now owns 18,320 shares of the company’s stock worth $870,000 after purchasing an additional 318 shares in the last quarter.

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.