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

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 35,570 shares, a drop of 35.3% from the September 15th total of 54,963 shares. Based on an average daily volume of 166,666 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Bartlett & CO. Wealth Management LLC increased its stake in iShares Intermediate Government/Credit Bond ETF by 15.2% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,351 shares of the company’s stock worth $144,000 after buying an additional 178 shares during the period. First County Bank CT raised its stake in iShares Intermediate Government/Credit Bond ETF by 3.1% in the second quarter. First County Bank CT now owns 12,349 shares of the company’s stock worth $1,310,000 after buying an additional 376 shares in the last quarter. Vantage Investment Partners LLC raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 3.2% in the 1st quarter. Vantage Investment Partners LLC now owns 15,058 shares of the company’s stock worth $1,606,000 after acquiring an additional 465 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the first quarter valued at about $54,000. Finally, Farther Finance Advisors LLC lifted its position in iShares Intermediate Government/Credit Bond ETF by 11.4% during the third quarter. Farther Finance Advisors LLC now owns 5,283 shares of the company’s stock valued at $545,000 after acquiring an additional 540 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Trading Up 0.3%

GVI stock opened at $103.55 on Friday. iShares Intermediate Government/Credit Bond ETF has a twelve month low of $102.57 and a twelve month high of $108.34. The business’s fifty day simple moving average is $104.26 and its two-hundred day simple moving average is $105.39.

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.