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

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 106,620 shares, an increase of 830.2% from the March 31st total of 11,462 shares. Based on an average trading volume of 283,344 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Invesco Total Return Bond ETF Price Performance

GTO stock traded up $0.04 during midday trading on Friday, reaching $47.08. The company’s stock had a trading volume of 263,136 shares, compared to its average volume of 277,922. Invesco Total Return Bond ETF has a 52 week low of $45.65 and a 52 week high of $48.01. The business’s 50-day simple moving average is $47.29 and its 200-day simple moving average is $47.47.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Acima Private Wealth LLC boosted its stake in Invesco Total Return Bond ETF by 10.9% in the third quarter. Acima Private Wealth LLC now owns 230,420 shares of the company’s stock valued at $10,947,000 after acquiring an additional 22,665 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in Invesco Total Return Bond ETF by 56.3% in the third quarter. Ashton Thomas Securities LLC now owns 160,314 shares of the company’s stock valued at $7,621,000 after acquiring an additional 57,724 shares during the last quarter. CWM LLC boosted its stake in Invesco Total Return Bond ETF by 11.8% in the third quarter. CWM LLC now owns 1,899,614 shares of the company’s stock valued at $90,251,000 after acquiring an additional 200,273 shares during the last quarter. Rooted Wealth Advisors Inc. raised its holdings in Invesco Total Return Bond ETF by 4.5% in the third quarter. Rooted Wealth Advisors Inc. now owns 276,368 shares of the company’s stock worth $13,158,000 after purchasing an additional 12,021 shares during the period. Finally, Northwest Financial Advisors raised its holdings in Invesco Total Return Bond ETF by 21.3% in the fourth quarter. Northwest Financial Advisors now owns 70,534 shares of the company’s stock worth $3,345,000 after purchasing an additional 12,388 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.