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

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a significant increase in short interest in 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. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 283,344 shares, the short-interest ratio is presently 0.4 days.

Invesco Total Return Bond ETF Trading Up 0.1%

GTO traded up $0.04 during mid-day trading on Friday, hitting $47.08. The stock had a trading volume of 263,136 shares, compared to its average volume of 277,922. The stock’s fifty day simple moving average is $47.29 and its 200-day simple moving average is $47.47. Invesco Total Return Bond ETF has a 1-year low of $45.65 and a 1-year high of $48.01.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Several hedge funds have recently bought and sold shares of GTO. AQR Capital Management LLC raised its holdings in Invesco Total Return Bond ETF by 83.0% in the first quarter. AQR Capital Management LLC now owns 85,840 shares of the company’s stock worth $4,028,000 after purchasing an additional 38,940 shares during the period. Jane Street Group LLC raised its holdings in Invesco Total Return Bond ETF by 75.3% in the first quarter. Jane Street Group LLC now owns 117,963 shares of the company’s stock worth $5,536,000 after purchasing an additional 50,657 shares during the period. Cerity Partners LLC acquired a new stake in Invesco Total Return Bond ETF in the second quarter worth $2,737,000. Raymond James Financial Inc. raised its holdings in Invesco Total Return Bond ETF by 16.1% in the second quarter. Raymond James Financial Inc. now owns 481,003 shares of the company’s stock worth $22,554,000 after purchasing an additional 66,685 shares during the period. Finally, Bank of America Corp DE raised its holdings in Invesco Total Return Bond ETF by 45.7% in the second quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock worth $50,175,000 after purchasing an additional 335,677 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.