Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sees Large Decline in Short Interest

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 333,210 shares, a decline of 83.9% from the September 15th total of 2,074,526 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,034,590 shares, the days-to-cover ratio is currently 0.1 days.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $56.70 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $56.35 and a 12-month high of $60.76. The business’s 50 day moving average is $57.68 and its 200-day moving average is $58.52.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VGIT. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth $27,000. Fairway Wealth LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at about $27,000. Montgomery Financial Services LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the second quarter valued at about $29,000. Bell Investment Advisors Inc bought a new position in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at about $33,000. Finally, GK Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the third quarter worth about $31,000.

About Vanguard Intermediate-Term Treasury ETF

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.