iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Up 104.0% in April

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 6,131 shares, a growth of 104.0% from the April 15th total of 3,006 shares. Based on an average daily volume of 298,589 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

iShares Intermediate Government/Credit Bond ETF Price Performance

Shares of GVI opened at $105.65 on Monday. The stock has a 50 day moving average of $106.61 and a 200 day moving average of $107.19. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $105.15 and a 12 month high of $108.34.

Institutional Investors Weigh In On iShares Intermediate Government/Credit Bond ETF

Several large investors have recently made changes to their positions in GVI. Bank of New York Mellon Corp raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 5.6% during the 1st quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock worth $70,084,000 after purchasing an additional 35,096 shares during the period. Horizon Bancorp Inc. IN grew its position in iShares Intermediate Government/Credit Bond ETF by 5.5% during the first quarter. Horizon Bancorp Inc. IN now owns 298,301 shares of the company’s stock valued at $31,823,000 after buying an additional 15,676 shares during the period. Oarsman Capital Inc. increased its holdings in iShares Intermediate Government/Credit Bond ETF by 6.4% during the fourth 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. Bessemer Group Inc. increased its holdings in iShares Intermediate Government/Credit Bond ETF by 32.8% during the first quarter. Bessemer Group Inc. now owns 218,536 shares of the company’s stock worth $23,313,000 after buying an additional 53,936 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in iShares Intermediate Government/Credit Bond ETF by 6.5% in the third quarter. Captrust Financial Advisors now owns 195,730 shares of the company’s stock worth $21,029,000 after acquiring an additional 11,902 shares during the period.

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.