Short Interest in Invesco Total Return Bond ETF (NYSEARCA:GTO) Decreases By 83.3%

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 25,580 shares, a drop of 83.3% from the November 30th total of 152,943 shares. Based on an average daily volume of 339,218 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 339,218 shares, the short-interest ratio is presently 0.1 days.

Invesco Total Return Bond ETF Price Performance

NYSEARCA GTO traded up $0.12 on Thursday, hitting $47.50. The company had a trading volume of 106,299 shares, compared to its average volume of 215,837. Invesco Total Return Bond ETF has a 12-month low of $45.46 and a 12-month high of $48.01. The company’s fifty day moving average price is $47.60 and its 200-day moving average price is $47.22.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. True Wealth Design LLC acquired a new position in shares of Invesco Total Return Bond ETF during the 3rd quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco Total Return Bond ETF by 500.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock worth $52,000 after buying an additional 920 shares during the period. Harbour Investments Inc. increased its holdings in Invesco Total Return Bond ETF by 49.7% in the 2nd quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock valued at $63,000 after purchasing an additional 449 shares during the last quarter. TD Private Client Wealth LLC purchased a new stake in Invesco Total Return Bond ETF in the third quarter valued at approximately $77,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Invesco Total Return Bond ETF in the third quarter valued at approximately $112,000.

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.