Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Rises By 394.5%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 548,324 shares, a growth of 394.5% from the March 15th total of 110,887 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 2,925,870 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BIV. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth about $26,000. Blue Trust Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth about $30,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth about $31,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $77.16 on Monday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $74.44 and a fifty-two week high of $79.08. The company has a fifty day moving average of $77.73 and a 200 day moving average of $77.98.

Vanguard Intermediate-Term Bond ETF Company Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.