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

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,118,020 shares, a growth of 235.5% from the September 30th total of 333,210 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 6,105,014 shares, the short-interest ratio is presently 0.2 days.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $57.75 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $56.35 and a 1-year high of $60.76. The company has a 50 day moving average price of $57.32 and a 200 day moving average price of $58.75.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of VGIT. Montgomery Financial Services LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth $29,000. GK Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF during the third quarter valued at about $31,000. Signaturefd LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter valued at about $31,000. Rosenberg Matthew Hamilton acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter valued at about $41,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the second quarter valued at about $45,000.

Vanguard Intermediate-Term Treasury ETF Company Profile

(Get Free Report)

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.

Further Reading

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