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

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 38,740 shares, a decrease of 68.6% from the August 31st total of 123,408 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 254,906 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Invesco Total Return Bond ETF by 236.8% in the first quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Invesco Total Return Bond ETF by 32.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,368,117 shares of the company’s stock worth $189,967,000 after purchasing an additional 1,081,673 shares in the last quarter. IFP Advisors Inc boosted its holdings in Invesco Total Return Bond ETF by 306.1% during the second quarter. IFP Advisors Inc now owns 343,525 shares of the company’s stock worth $16,101,000 after purchasing an additional 258,933 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco Total Return Bond ETF by 109.5% during the second quarter. NewEdge Advisors LLC now owns 492,314 shares of the company’s stock worth $23,075,000 after purchasing an additional 257,366 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Invesco Total Return Bond ETF by 16.8% in the first quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock valued at $62,336,000 after purchasing an additional 191,848 shares in the last quarter.

Invesco Total Return Bond ETF Stock Performance

Shares of GTO traded down $0.19 during midday trading on Monday, hitting $44.71. The stock had a trading volume of 283,761 shares, compared to its average volume of 258,137. The company has a 50 day simple moving average of $45.98 and a two-hundred day simple moving average of $46.56. Invesco Total Return Bond ETF has a twelve month low of $44.63 and a twelve month high of $47.98.

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.