iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Sees Significant Increase in Short Interest

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 20,608 shares, a growth of 380.6% from the May 14th total of 4,288 shares. Based on an average trading volume of 177,661 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

iShares Intermediate Government/Credit Bond ETF Trading Down 0.0%

Shares of BATS:GVI opened at $105.62 on Thursday. The company’s fifty day moving average price is $106.27 and its 200 day moving average price is $106.98. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $105.34 and a 12 month high of $108.34.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. SVB Wealth LLC grew its position in iShares Intermediate Government/Credit Bond ETF by 11.0% during the 4th quarter. SVB Wealth LLC now owns 72,509 shares of the company’s stock worth $7,784,000 after purchasing an additional 7,181 shares during the last quarter. BOKF NA grew its position in iShares Intermediate Government/Credit Bond ETF by 17.0% during the 4th quarter. BOKF NA now owns 139,273 shares of the company’s stock worth $14,951,000 after purchasing an additional 20,193 shares during the last quarter. WASHINGTON TRUST Co grew its position in iShares Intermediate Government/Credit Bond ETF by 4.5% during the 4th quarter. WASHINGTON TRUST Co now owns 161,515 shares of the company’s stock worth $17,339,000 after purchasing an additional 6,910 shares during the last quarter. Centennial Bank AR grew its position in iShares Intermediate Government/Credit Bond ETF by 152.2% during the 3rd quarter. Centennial Bank AR now owns 11,371 shares of the company’s stock worth $1,222,000 after purchasing an additional 6,863 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in iShares Intermediate Government/Credit Bond ETF by 4.8% during the 4th quarter. Bank of New York Mellon Corp now owns 621,855 shares of the company’s stock worth $66,756,000 after purchasing an additional 28,619 shares during the last quarter.

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.