iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Down 57.4% in July

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 9,932 shares, a decline of 57.4% from the June 30th total of 23,315 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 87,591 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Intermediate Government/Credit Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in GVI. Parallel Advisors LLC lifted its stake in iShares Intermediate Government/Credit Bond ETF by 114.3% during the third quarter. Parallel Advisors LLC now owns 375 shares of the company’s stock worth $40,000 after purchasing an additional 200 shares during the last quarter. Ascentis Independent Advisors bought a new stake in iShares Intermediate Government/Credit Bond ETF during the first quarter valued at $54,000. Arax Advisory Partners bought a new stake in iShares Intermediate Government/Credit Bond ETF during the fourth quarter valued at $64,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth $97,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 15.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,351 shares of the company’s stock worth $144,000 after purchasing an additional 178 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of BATS GVI opened at $105.21 on Monday. The stock’s 50 day moving average price is $105.76 and its two-hundred day moving average price is $106.58. iShares Intermediate Government/Credit Bond ETF has a 52-week low of $105.00 and a 52-week high of $108.34.

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.