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

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 79,728 shares, a drop of 39.0% from the July 30th total of 130,784 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 182,456 shares, the short-interest ratio is presently 0.4 days.

Invesco Total Return Bond ETF Stock Down 0.2%

Shares of GTO stock traded down $0.07 on Monday, reaching $46.00. 13,700 shares of the company were exchanged, compared to its average volume of 248,422. The business has a 50-day moving average price of $46.43 and a 200 day moving average price of $46.87. Invesco Total Return Bond ETF has a 1 year low of $45.88 and a 1 year high of $48.01.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

A number of hedge funds have recently made changes to their positions in GTO. Corient Private Wealth LP acquired a new stake in shares of Invesco Total Return Bond ETF in the second quarter worth approximately $6,814,000. Aspire Capital Advisors LLC grew its holdings in shares of Invesco Total Return Bond ETF by 31.4% during the second quarter. Aspire Capital Advisors LLC now owns 25,475 shares of the company’s stock worth $1,194,000 after buying an additional 6,093 shares in the last quarter. Asset Allocation Strategies LLC grew its holdings in shares of Invesco Total Return Bond ETF by 69.8% during the second quarter. Asset Allocation Strategies LLC now owns 260,054 shares of the company’s stock worth $11,603,000 after buying an additional 106,871 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Invesco Total Return Bond ETF in the second quarter valued at about $810,000. Finally, KWB Wealth raised its position in shares of Invesco Total Return Bond ETF by 40.8% in the second quarter. KWB Wealth now owns 352,169 shares of the company’s stock valued at $16,506,000 after buying an additional 102,132 shares during the last quarter.

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.