iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Sees Significant Increase in Short Interest

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 54,783 shares, a growth of 389.4% from the July 30th total of 11,194 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 85,013 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares Intermediate Government/Credit Bond ETF

Large investors have recently modified their holdings of the company. SVB Wealth LLC boosted its position in iShares Intermediate Government/Credit Bond ETF by 11.0% during the fourth quarter. SVB Wealth LLC now owns 72,509 shares of the company’s stock valued at $7,784,000 after acquiring an additional 7,181 shares during the last quarter. Oarsman Capital Inc. lifted its stake in iShares Intermediate Government/Credit Bond ETF by 6.4% in the fourth quarter. Oarsman Capital Inc. now owns 233,532 shares of the company’s stock valued at $25,070,000 after buying an additional 14,014 shares during the period. WASHINGTON TRUST Co boosted its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 4.5% during the 4th quarter. WASHINGTON TRUST Co now owns 161,515 shares of the company’s stock worth $17,339,000 after buying an additional 6,910 shares in the last quarter. Union Savings Bank bought a new position in shares of iShares Intermediate Government/Credit Bond ETF during the 4th quarter worth approximately $4,092,000. Finally, BOKF NA grew its position in shares of iShares Intermediate Government/Credit Bond ETF by 17.0% during the 4th quarter. BOKF NA now owns 139,273 shares of the company’s stock worth $14,951,000 after buying an additional 20,193 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

iShares Intermediate Government/Credit Bond ETF stock opened at $105.49 on Friday. iShares Intermediate Government/Credit Bond ETF has a 52-week low of $105.00 and a 52-week high of $108.34. The firm has a 50 day moving average price of $105.54 and a two-hundred day moving average price of $106.26.

About iShares Intermediate Government/Credit Bond ETF

The iShares Intermediate Government\u002FCredit Bond ETF (GVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury, agency and investment-grade corporate bonds with remaining maturities of 1-10 years. GVI was launched on Jan 5, 2007 and is managed by BlackRock.