iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Stock Short Interest Falls 35.3%

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 35,570 shares, a drop of 35.3% from the September 15th total of 54,963 shares. Based on an average trading volume of 166,666 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

iShares Intermediate Government/Credit Bond ETF Price Performance

GVI stock traded up $0.14 during trading on Friday, hitting $103.69. 154,176 shares of the company’s stock were exchanged, compared to its average volume of 164,811. The business has a 50-day moving average price of $104.22 and a two-hundred day moving average price of $105.37. iShares Intermediate Government/Credit Bond ETF has a 52-week low of $102.57 and a 52-week high of $108.34.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. RPg Family Wealth Advisory LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF in the second quarter worth about $24,611,000. Risk Paradigm Group LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF during the 2nd quarter valued at about $23,801,000. Ferguson Wellman Capital Management Inc. acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter worth approximately $11,929,000. GAMMA Investing LLC increased its position in iShares Intermediate Government/Credit Bond ETF by 283.4% in the 3rd quarter. GAMMA Investing LLC now owns 84,277 shares of the company’s stock valued at $8,686,000 after acquiring an additional 62,294 shares during the period. Finally, Isthmus Partners LLC acquired a new stake in iShares Intermediate Government/Credit Bond ETF in the 1st quarter valued at approximately $6,144,000.

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.