iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Up 104.0% in April

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 6,131 shares, a growth of 104.0% from the April 15th total of 3,006 shares. Based on an average daily volume of 298,589 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.3%

Shares of GVI stock opened at $105.65 on Friday. iShares Intermediate Government/Credit Bond ETF has a 12-month low of $105.15 and a 12-month high of $108.34. The stock’s 50-day moving average price is $106.61 and its 200-day moving average price is $107.19.

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

Several large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 5.6% in the first quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock worth $70,084,000 after purchasing an additional 35,096 shares during the last quarter. Horizon Bancorp Inc. IN increased its stake in iShares Intermediate Government/Credit Bond ETF by 5.5% during the first quarter. Horizon Bancorp Inc. IN now owns 298,301 shares of the company’s stock worth $31,823,000 after acquiring an additional 15,676 shares during the last quarter. Oarsman Capital Inc. increased its stake in iShares Intermediate Government/Credit Bond ETF by 6.4% during the fourth quarter. Oarsman Capital Inc. now owns 233,532 shares of the company’s stock worth $25,070,000 after acquiring an additional 14,014 shares during the last quarter. Bessemer Group Inc. increased its stake in iShares Intermediate Government/Credit Bond ETF by 32.8% during the first quarter. Bessemer Group Inc. now owns 218,536 shares of the company’s stock worth $23,313,000 after acquiring an additional 53,936 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in iShares Intermediate Government/Credit Bond ETF by 6.5% during the third quarter. Captrust Financial Advisors now owns 195,730 shares of the company’s stock worth $21,029,000 after acquiring an additional 11,902 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Company Profile

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.