iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Stock Short Interest Climbs 238.5%

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 120,389 shares, a growth of 238.5% from the September 30th total of 35,570 shares. Based on an average daily volume of 180,913 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GVI. Bartlett & CO. Wealth Management LLC raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 15.2% in 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 County Bank CT grew its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 3.1% during the second quarter. First County Bank CT now owns 12,349 shares of the company’s stock valued at $1,310,000 after buying an additional 376 shares during the last quarter. Vantage Investment Partners LLC grew its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 3.2% during the first quarter. Vantage Investment Partners LLC now owns 15,058 shares of the company’s stock valued at $1,606,000 after buying an additional 465 shares during the last quarter. Ascentis Independent Advisors purchased a new position in shares of iShares Intermediate Government/Credit Bond ETF in the first quarter worth about $54,000. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares Intermediate Government/Credit Bond ETF by 11.4% in the third quarter. Farther Finance Advisors LLC now owns 5,283 shares of the company’s stock worth $545,000 after acquiring an additional 540 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

iShares Intermediate Government/Credit Bond ETF stock opened at $104.18 on Friday. iShares Intermediate Government/Credit Bond ETF has a twelve month low of $102.57 and a twelve month high of $108.34. The business has a fifty day moving average of $103.96 and a two-hundred day moving average of $105.80.

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.