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

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 35,570 shares, a decline of 35.3% from the September 15th total of 54,963 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 166,666 shares, the short-interest ratio is presently 0.2 days.

iShares Intermediate Government/Credit Bond ETF Trading Up 0.3%

Shares of GVI stock opened at $103.55 on Friday. iShares Intermediate Government/Credit Bond ETF has a 52 week low of $102.57 and a 52 week high of $108.34. The company’s fifty day simple moving average is $104.26 and its two-hundred day simple moving average is $105.39.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. First Merchants Corp bought a new stake in iShares Intermediate Government/Credit Bond ETF during the third quarter worth approximately $231,000. Union Savings Bank grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 15.5% during the third quarter. Union Savings Bank now owns 52,121 shares of the company’s stock valued at $5,372,000 after buying an additional 7,013 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 283.4% during the third quarter. GAMMA Investing LLC now owns 84,277 shares of the company’s stock valued at $8,686,000 after buying an additional 62,294 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 11.4% in the third quarter. Farther Finance Advisors LLC now owns 5,283 shares of the company’s stock worth $545,000 after buying an additional 540 shares during the period. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the third quarter worth approximately $11,929,000.

iShares Intermediate Government/Credit Bond ETF Company Profile

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.