iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Up 389.4% in August

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 54,783 shares, an increase of 389.4% from the July 30th total of 11,194 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 85,013 shares, the days-to-cover ratio is currently 0.6 days.

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

Institutional investors have recently made changes to their positions in the stock. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of 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 purchasing an additional 178 shares during the period. Parallel Advisors LLC lifted its holdings in shares of 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 during the last quarter. Azimuth Capital Investment Management LLC lifted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 3.8% in the fourth quarter. Azimuth Capital Investment Management LLC now owns 10,125 shares of the company’s stock valued at $1,087,000 after buying an additional 375 shares during the period. First County Bank CT raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 3.1% in the second quarter. First County Bank CT now owns 12,349 shares of the company’s stock valued at $1,310,000 after purchasing an additional 376 shares in the last quarter. Finally, Vantage Investment Partners LLC lifted its position in shares of iShares Intermediate Government/Credit Bond ETF by 3.2% during the 1st quarter. Vantage Investment Partners LLC now owns 15,058 shares of the company’s stock worth $1,606,000 after buying an additional 465 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

GVI stock traded down $0.02 during trading on Thursday, reaching $105.49. The stock had a trading volume of 32,943 shares, compared to its average volume of 166,872. The firm has a fifty day moving average price of $105.55 and a 200 day moving average price of $106.27. iShares Intermediate Government/Credit Bond ETF has a 1-year low of $105.00 and a 1-year 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.