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

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 54,813 shares, a growth of 176.7% from the January 15th total of 19,807 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 188,028 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 188,028 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Invesco Total Return Bond ETF

A number of institutional investors have recently made changes to their positions in GTO. True Wealth Design LLC acquired a new position in Invesco Total Return Bond ETF in the 3rd quarter valued at $29,000. Harbour Investments Inc. grew its holdings in shares of Invesco Total Return Bond ETF by 49.7% during the second quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock worth $63,000 after buying an additional 449 shares in the last quarter. TD Private Client Wealth LLC acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $77,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco Total Return Bond ETF by 1,365.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock valued at $87,000 after buying an additional 1,707 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of Invesco Total Return Bond ETF in the third quarter worth about $112,000.

Invesco Total Return Bond ETF Stock Up 0.3%

Shares of NYSEARCA GTO traded up $0.16 during trading on Friday, hitting $47.97. The company had a trading volume of 447,718 shares, compared to its average volume of 211,254. The stock has a fifty day simple moving average of $47.51 and a two-hundred day simple moving average of $47.46. Invesco Total Return Bond ETF has a fifty-two week low of $45.46 and a fifty-two week high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

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

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.