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 target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 9,932 shares, a decrease of 57.4% from the June 30th total of 23,315 shares. Based on an average daily trading volume, of 87,591 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of iShares Intermediate Government/Credit Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ferguson Wellman Capital Management Inc. bought a new position in iShares Intermediate Government/Credit Bond ETF during the 1st quarter worth $12,210,000. Isthmus Partners LLC bought a new stake in iShares Intermediate Government/Credit Bond ETF in the first quarter valued at $6,144,000. Bessemer Group Inc. lifted its stake in iShares Intermediate Government/Credit Bond ETF by 32.8% in the first quarter. Bessemer Group Inc. now owns 218,536 shares of the company’s stock valued at $23,313,000 after buying an additional 53,936 shares during the last quarter. Union Savings Bank bought a new stake in iShares Intermediate Government/Credit Bond ETF in the fourth quarter valued at $4,092,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 5.6% during the first quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock valued at $70,084,000 after acquiring an additional 35,096 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

GVI opened at $105.21 on Monday. The company’s 50-day moving average price is $105.76 and its 200 day moving average price is $106.58. iShares Intermediate Government/Credit Bond ETF has a fifty-two week low of $105.00 and a fifty-two 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.