Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Up 28.2% in December

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 32,806 shares, a growth of 28.2% from the December 15th total of 25,580 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 176,738 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 176,738 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Invesco Total Return Bond ETF

Large investors have recently bought and sold shares of the business. Dynamic Advisor Solutions LLC raised its holdings in Invesco Total Return Bond ETF by 3.8% during the third quarter. Dynamic Advisor Solutions LLC now owns 621,592 shares of the company’s stock worth $29,532,000 after purchasing an additional 22,827 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of Invesco Total Return Bond ETF by 7.4% in the 2nd quarter. Baird Financial Group Inc. now owns 643,497 shares of the company’s stock valued at $30,174,000 after buying an additional 44,312 shares during the last quarter. Asset Allocation Strategies LLC grew its position in shares of Invesco Total Return Bond ETF by 24.0% in the 3rd quarter. Asset Allocation Strategies LLC now owns 158,661 shares of the company’s stock valued at $7,538,000 after buying an additional 30,735 shares during the last quarter. Drive Wealth Management LLC acquired a new stake in Invesco Total Return Bond ETF during the 2nd quarter worth $657,000. Finally, Ashton Thomas Securities LLC raised its stake in Invesco Total Return Bond ETF by 56.3% during the 3rd quarter. Ashton Thomas Securities LLC now owns 160,314 shares of the company’s stock worth $7,621,000 after acquiring an additional 57,724 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA GTO traded down $0.08 during midday trading on Monday, reaching $47.58. 187,284 shares of the stock were exchanged, compared to its average volume of 180,108. The firm has a 50-day simple moving average of $47.53 and a two-hundred day simple moving average of $47.34. Invesco Total Return Bond ETF has a twelve month low of $45.46 and a twelve month high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be paid a dividend of $0.1835 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.