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 in 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. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 326,920 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in Invesco Total Return Bond ETF by 83.0% during the 1st quarter. AQR Capital Management LLC now owns 85,840 shares of the company’s stock valued at $4,028,000 after purchasing an additional 38,940 shares in the last quarter. Jane Street Group LLC boosted its position in Invesco Total Return Bond ETF by 75.3% in the 1st quarter. Jane Street Group LLC now owns 117,963 shares of the company’s stock valued at $5,536,000 after buying an additional 50,657 shares during the last quarter. Cerity Partners LLC purchased a new position in Invesco Total Return Bond ETF in the 2nd quarter valued at about $2,737,000. Raymond James Financial Inc. grew its stake in shares of Invesco Total Return Bond ETF by 16.1% during the second quarter. Raymond James Financial Inc. now owns 481,003 shares of the company’s stock valued at $22,554,000 after acquiring an additional 66,685 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Invesco Total Return Bond ETF by 45.7% during the second quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock worth $50,175,000 after acquiring an additional 335,677 shares during the last quarter.

Invesco Total Return Bond ETF Stock Up 0.1%

NYSEARCA GTO traded up $0.03 on Friday, reaching $46.98. The company had a trading volume of 161,749 shares, compared to its average volume of 264,524. Invesco Total Return Bond ETF has a 1 year low of $46.18 and a 1 year high of $48.01. The firm has a 50-day moving average of $46.87 and a 200-day moving average of $47.22.

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.