Short Interest in Invesco Total Return Bond ETF (NYSEARCA:GTO) Decreases By 39.6%

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 19,807 shares, a decrease of 39.6% from the December 31st total of 32,806 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 179,436 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 179,436 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Invesco Total Return Bond ETF Trading Up 0.0%

Shares of NYSEARCA:GTO opened at $47.45 on Friday. Invesco Total Return Bond ETF has a 12-month low of $45.46 and a 12-month high of $48.01. The stock has a fifty day simple moving average of $47.51 and a two-hundred day simple moving average of $47.38.

Invesco Total Return Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.1835 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco Total Return Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its position in Invesco Total Return Bond ETF by 1.4% in the second quarter. Osaic Holdings Inc. now owns 2,988,723 shares of the company’s stock valued at $140,143,000 after buying an additional 42,448 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Invesco Total Return Bond ETF by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,930,906 shares of the company’s stock worth $139,247,000 after acquiring an additional 101,696 shares during the period. Invesco Ltd. raised its holdings in shares of Invesco Total Return Bond ETF by 3.7% during the third quarter. Invesco Ltd. now owns 2,501,302 shares of the company’s stock worth $118,837,000 after purchasing an additional 90,187 shares during the last quarter. CWM LLC raised its holdings in shares of Invesco Total Return Bond ETF by 8.5% during the fourth quarter. CWM LLC now owns 2,060,937 shares of the company’s stock worth $97,730,000 after purchasing an additional 161,323 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Invesco Total Return Bond ETF by 2.4% during the second quarter. Bank of New York Mellon Corp now owns 1,135,448 shares of the company’s stock valued at $53,241,000 after purchasing an additional 27,056 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.