Invesco Total Return Bond ETF (NYSEARCA:GTO) Sees Significant Increase in Short Interest

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 329,667 shares, an increase of 751.0% from the September 15th total of 38,740 shares. Based on an average daily trading volume, of 432,286 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Large investors have recently added to or reduced their stakes in the company. Signature Equity Partners LLC grew its holdings in shares of Invesco Total Return Bond ETF by 8.6% during the first quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock valued at $172,000 after purchasing an additional 292 shares during the last quarter. Krilogy Financial LLC raised its position in shares of Invesco Total Return Bond ETF by 5.7% during the 1st quarter. Krilogy Financial LLC now owns 10,361 shares of the company’s stock worth $489,000 after purchasing an additional 563 shares during the period. Barnes Wealth Management Group Inc raised its position in shares of Invesco Total Return Bond ETF by 5.0% during the 4th quarter. Barnes Wealth Management Group Inc now owns 12,669 shares of the company’s stock worth $601,000 after purchasing an additional 609 shares during the period. Your Advocates Ltd. LLP bought a new stake in shares of Invesco Total Return Bond ETF in the 1st quarter worth approximately $29,000. Finally, ADG Wealth Management Group LLC lifted its holdings in shares of Invesco Total Return Bond ETF by 12.0% in the 1st quarter. ADG Wealth Management Group LLC now owns 6,436 shares of the company’s stock worth $301,000 after purchasing an additional 689 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

Shares of GTO opened at $44.74 on Monday. The stock has a 50 day moving average of $45.67 and a 200-day moving average of $46.39. Invesco Total Return Bond ETF has a 52 week low of $44.42 and a 52 week high of $47.98.

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.