Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Stock Short Interest Drops 83.9%

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 333,210 shares, a drop of 83.9% from the September 15th total of 2,074,526 shares. Based on an average daily volume of 6,034,590 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in VGIT. Friday Financial raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 25.7% during the third quarter. Friday Financial now owns 355,593 shares of the company’s stock worth $20,141,000 after acquiring an additional 72,729 shares during the period. CogentBlue Wealth Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 5.1% in the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 182,264 shares of the company’s stock worth $10,327,000 after purchasing an additional 8,789 shares during the period. GK Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 3rd quarter worth $31,000. Towneley Capital Management Inc DE increased its holdings in Vanguard Intermediate-Term Treasury ETF by 1.2% during the 3rd quarter. Towneley Capital Management Inc DE now owns 614,724 shares of the company’s stock worth $34,830,000 after purchasing an additional 7,507 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $1,489,000.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

NASDAQ VGIT opened at $56.70 on Friday. The stock has a 50-day simple moving average of $57.68 and a 200 day simple moving average of $58.52. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $56.35 and a 12 month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Company Profile

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.