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

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 120,389 shares, an increase of 238.5% from the September 30th total of 35,570 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 180,913 shares, the short-interest ratio is currently 0.7 days.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.2%

Shares of GVI opened at $104.42 on Friday. The stock has a 50 day moving average of $103.94 and a 200 day moving average of $105.79. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $102.57 and a 12 month high of $108.34.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors purchased a new position in shares of iShares Intermediate Government/Credit Bond ETF in the 1st quarter worth about $54,000. First PREMIER Bank bought a new position in iShares Intermediate Government/Credit Bond ETF during the second quarter valued at about $106,000. Bartlett & CO. Wealth Management LLC increased its holdings in iShares Intermediate Government/Credit Bond ETF by 15.2% during the first 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 last quarter. First Merchants Corp purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the third quarter worth about $231,000. Finally, True Link Financial Advisors LLC purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the third quarter worth about $296,000.

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.