Invesco Total Return Bond ETF (NYSEARCA:GTO – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 89,551 shares, an increase of 420.6% from the April 30th total of 17,201 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 206,953 shares, the days-to-cover ratio is presently 0.4 days.
Hedge Funds Weigh In On Invesco Total Return Bond ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Your Advocates Ltd. LLP purchased a new position in Invesco Total Return Bond ETF in the 1st quarter worth approximately $29,000. Longview Financial Advisors Inc. purchased a new position in Invesco Total Return Bond ETF in the 1st quarter worth approximately $48,000. Y.D. More Investments Ltd purchased a new position in Invesco Total Return Bond ETF in the 1st quarter worth approximately $70,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Total Return Bond ETF by 1,365.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock worth $87,000 after acquiring an additional 1,707 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in Invesco Total Return Bond ETF in the 3rd quarter worth approximately $112,000.
Invesco Total Return Bond ETF Stock Up 0.2%
NYSEARCA GTO traded up $0.10 on Thursday, reaching $46.88. The company had a trading volume of 275,885 shares, compared to its average volume of 263,130. Invesco Total Return Bond ETF has a 1 year low of $46.10 and a 1 year high of $48.01. The firm has a 50-day moving average of $46.91 and a 200-day moving average of $47.33.
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.
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