Short Interest in Invesco Total Return Bond ETF (NYSEARCA:GTO) Expands By 211.2%

Invesco Total Return Bond ETF (NYSEARCA:GTO) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 190,872 shares, an increase of 211.2% from the May 31st total of 61,338 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 326,920 shares, the days-to-cover ratio is presently 0.6 days.

Invesco Total Return Bond ETF Trading Up 0.0%

Shares of NYSEARCA:GTO traded up $0.02 during trading on Monday, hitting $47.00. The stock had a trading volume of 131,006 shares, compared to its average volume of 263,430. Invesco Total Return Bond ETF has a 12-month low of $46.18 and a 12-month high of $48.01. The stock has a 50-day simple moving average of $46.87 and a two-hundred day simple moving average of $47.22.

Institutional Trading of Invesco Total Return Bond ETF

Several large investors have recently made changes to their positions in the business. Western Wealth Management LLC purchased a new position in shares of Invesco Total Return Bond ETF during the first quarter worth $604,000. Curry Webb Wealth Management LLC acquired a new stake in Invesco Total Return Bond ETF during the 1st quarter worth about $6,296,000. NewEdge Advisors LLC raised its stake in shares of Invesco Total Return Bond ETF by 9.8% during the 1st quarter. NewEdge Advisors LLC now owns 234,948 shares of the company’s stock valued at $11,003,000 after buying an additional 20,913 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco Total Return Bond ETF by 236.8% in the 1st quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after buying an additional 2,680,104 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Invesco Total Return Bond ETF by 59.3% in the 1st quarter. Arkadios Wealth Advisors now owns 24,455 shares of the company’s stock valued at $1,145,000 after buying an additional 9,102 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.