Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Update
by Doug Wharley · The Cerbat GemInvesco Total Return Bond ETF (NYSEARCA:GTO – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 32,806 shares, an increase of 28.2% from the December 15th total of 25,580 shares. Based on an average daily trading volume, of 176,738 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 176,738 shares, the short-interest ratio is currently 0.2 days.
Invesco Total Return Bond ETF Trading Down 0.2%
GTO traded down $0.08 on Friday, hitting $47.58. 187,284 shares of the stock traded hands, compared to its average volume of 180,108. The business has a fifty day moving average price of $47.53 and a two-hundred day moving average price of $47.34. Invesco Total Return Bond ETF has a 52 week low of $45.46 and a 52 week high of $48.01.
Hedge Funds Weigh In On Invesco Total Return Bond ETF
Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC boosted its position in shares of Invesco Total Return Bond ETF by 83.0% during the 1st quarter. AQR Capital Management LLC now owns 85,840 shares of the company’s stock valued at $4,028,000 after acquiring an additional 38,940 shares in the last quarter. Jane Street Group LLC lifted its stake in Invesco Total Return Bond ETF by 75.3% during 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. Exchange Traded Concepts LLC acquired a new stake in Invesco Total Return Bond ETF during the second quarter valued at approximately $871,000. Farther Finance Advisors LLC grew its stake in shares of Invesco Total Return Bond ETF by 13.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,760 shares of the company’s stock valued at $270,000 after purchasing an additional 683 shares during the period. Finally, Sowell Financial Services LLC grew its stake in shares of Invesco Total Return Bond ETF by 19.4% in the 2nd quarter. Sowell Financial Services LLC now owns 6,577 shares of the company’s stock valued at $308,000 after purchasing an additional 1,067 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.