Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sees Large Increase in Short Interest

by · The Markets Daily

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,074,526 shares, an increase of 59.5% from the August 31st total of 1,300,816 shares. Based on an average trading volume of 4,048,987 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.0%

NASDAQ:VGIT opened at $56.64 on Friday. The stock has a fifty day moving average price of $57.90 and a 200-day moving average price of $58.64. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $56.35 and a fifty-two week high of $60.76.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VGIT. First Community Trust NA acquired a new stake in Vanguard Intermediate-Term Treasury ETF during the first quarter worth about $27,000. Fairway Wealth LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at approximately $27,000. Montgomery Financial Services LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 2nd quarter valued at approximately $29,000. Bell Investment Advisors Inc acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at approximately $33,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth approximately $45,000.

Vanguard Intermediate-Term Treasury ETF Company Profile

(Get Free Report)

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.

See Also