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

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 37,509 shares, a drop of 80.3% from the June 15th total of 190,872 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 199,801 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Invesco Total Return Bond ETF

A number of hedge funds have recently modified their holdings of GTO. Your Advocates Ltd. LLP purchased a new position in Invesco Total Return Bond ETF in the first quarter worth about $29,000. Longview Financial Advisors Inc. bought a new stake in shares of Invesco Total Return Bond ETF during the first quarter valued at approximately $48,000. Y.D. More Investments Ltd bought a new stake in shares of Invesco Total Return Bond ETF during the first quarter valued at approximately $70,000. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Total Return Bond ETF by 1,365.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock worth $87,000 after acquiring an additional 1,707 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in Invesco Total Return Bond ETF in the 3rd quarter worth approximately $112,000.

Invesco Total Return Bond ETF Trading Down 0.1%

Shares of NYSEARCA GTO traded down $0.04 during mid-day trading on Friday, hitting $46.58. 210,115 shares of the stock traded hands, compared to its average volume of 260,848. The stock has a fifty day moving average price of $46.80 and a 200-day moving average price of $47.17. Invesco Total Return Bond ETF has a 52 week low of $46.18 and a 52 week high of $48.01.

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.