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

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 20,608 shares, an increase of 380.6% from the May 14th total of 4,288 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 177,661 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of iShares Intermediate Government/Credit Bond ETF

A number of institutional investors have recently added to or reduced their stakes in GVI. Parallel Advisors LLC boosted its holdings in iShares Intermediate Government/Credit Bond ETF by 114.3% during the third quarter. Parallel Advisors LLC now owns 375 shares of the company’s stock worth $40,000 after buying an additional 200 shares in the last quarter. Colonial Trust Advisors purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the third quarter worth about $42,000. Ascentis Independent Advisors purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the first quarter worth about $54,000. Arax Advisory Partners purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth about $64,000. Finally, Aventura Private Wealth LLC purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth about $84,000.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.0%

Shares of BATS:GVI opened at $105.62 on Thursday. The firm’s 50-day simple moving average is $106.27 and its 200-day simple moving average is $106.98. iShares Intermediate Government/Credit Bond ETF has a fifty-two week low of $105.34 and a fifty-two 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.