iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Update

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 28,468 shares, a drop of 48.0% from the August 15th total of 54,783 shares. Based on an average daily trading volume, of 120,714 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

iShares Intermediate Government/Credit Bond ETF Trading Down 0.1%

GVI stock opened at $103.76 on Thursday. The firm has a 50 day moving average of $105.15 and a 200-day moving average of $105.93. iShares Intermediate Government/Credit Bond ETF has a 12-month low of $103.73 and a 12-month high of $108.34.

Hedge Funds Weigh In On iShares Intermediate Government/Credit Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in iShares Intermediate Government/Credit Bond ETF by 5.6% in the first quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock valued at $70,084,000 after purchasing an additional 35,096 shares during the last quarter. Horizon Bancorp Inc. IN raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 5.5% during the 1st quarter. Horizon Bancorp Inc. IN now owns 298,301 shares of the company’s stock worth $31,823,000 after buying an additional 15,676 shares during the last quarter. Oarsman Capital Inc. raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 6.4% during the 4th quarter. Oarsman Capital Inc. now owns 233,532 shares of the company’s stock worth $25,070,000 after buying an additional 14,014 shares during the last quarter. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter worth about $24,611,000. Finally, Risk Paradigm Group LLC purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter worth about $23,801,000.

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.