Invesco Total Return Bond ETF (NYSEARCA:GTO) Stock Short Interest Report for October

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 102,702 shares, a decline of 68.8% from the September 30th total of 329,667 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 416,335 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Total Return Bond ETF Trading Up 0.1%

GTO opened at $45.12 on Wednesday. Invesco Total Return Bond ETF has a one year low of $44.42 and a one year high of $47.98. The business’s 50 day moving average price is $45.35 and its 200 day moving average price is $46.58.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Several large investors have recently modified their holdings of GTO. Private Advisor Group LLC increased its stake in Invesco Total Return Bond ETF by 11.0% during the first quarter. Private Advisor Group LLC now owns 1,265,076 shares of the company’s stock worth $59,244,000 after purchasing an additional 125,255 shares during the period. Curry Webb Wealth Management LLC acquired a new stake in shares of Invesco Total Return Bond ETF during the first quarter worth about $6,296,000. Stewardship Advisors LLC purchased a new position in shares of Invesco Total Return Bond ETF in the third quarter valued at approximately $13,906,000. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco Total Return Bond ETF by 27.4% in the second quarter. Integrated Wealth Concepts LLC now owns 143,525 shares of the company’s stock valued at $6,727,000 after purchasing an additional 30,911 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Invesco Total Return Bond ETF by 109.5% in the second quarter. NewEdge Advisors LLC now owns 492,314 shares of the company’s stock valued at $23,075,000 after purchasing an additional 257,366 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.