Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Down 39.6% in January

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 19,807 shares, a decline of 39.6% from the December 31st total of 32,806 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 179,436 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 179,436 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Invesco Total Return Bond ETF Stock Up 0.0%

Shares of NYSEARCA GTO opened at $47.45 on Friday. Invesco Total Return Bond ETF has a twelve month low of $45.46 and a twelve month high of $48.01. The stock has a fifty day simple moving average of $47.51 and a 200-day simple moving average of $47.38.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.1835 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Trading of Invesco Total Return Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. True Wealth Design LLC acquired a new stake in shares of Invesco Total Return Bond ETF in the 3rd quarter valued at $29,000. Harbour Investments Inc. raised its stake in Invesco Total Return Bond ETF by 49.7% in the second quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock valued at $63,000 after buying an additional 449 shares in the last quarter. TD Private Client Wealth LLC acquired a new position in shares of Invesco Total Return Bond ETF during the 3rd quarter worth about $77,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco Total Return Bond ETF by 1,365.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock valued at $87,000 after acquiring an additional 1,707 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Invesco Total Return Bond ETF during the 3rd quarter worth about $112,000.

About Invesco Total Return Bond ETF

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.