iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Shares Shorted: Short Interest Up 93.1% in September

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 54,963 shares, an increase of 93.1% from the August 31st total of 28,468 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 116,077 shares, the days-to-cover ratio is currently 0.5 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new stake in iShares Intermediate Government/Credit Bond ETF during the first quarter worth about $54,000. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Intermediate Government/Credit Bond ETF in the fourth quarter valued at approximately $97,000. First PREMIER Bank acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter worth approximately $106,000. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of 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 acquiring an additional 178 shares in the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the 4th quarter worth approximately $202,000.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of BATS:GVI opened at $103.04 on Tuesday. The company’s fifty day moving average is $104.83 and its 200-day moving average is $105.70. iShares Intermediate Government/Credit Bond ETF has a 52 week low of $102.95 and a 52 week high of $108.34.

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.