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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,970,000 shares, a growth of 137.8% from the February 13th total of 828,400 shares. Based on an average daily volume of 3,152,600 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.3 %

Shares of NASDAQ VGIT opened at $58.92 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82. The firm’s 50-day moving average is $58.36 and its two-hundred day moving average is $58.90.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1731 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Intermediate-Term Treasury Index ETF

Institutional investors have recently modified their holdings of the company. Middleton & Co. Inc. MA raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 51.0% in the fourth quarter. Middleton & Co. Inc. MA now owns 76,280 shares of the company’s stock valued at $4,424,000 after buying an additional 25,750 shares during the last quarter. Opus Capital Group LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.7% in the fourth quarter. Opus Capital Group LLC now owns 755,258 shares of the company’s stock valued at $43,805,000 after buying an additional 47,492 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at approximately $200,000. Fifth Third Bancorp raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 1,132 shares of the company’s stock valued at $66,000 after buying an additional 487 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 173.8% in the fourth quarter. GAMMA Investing LLC now owns 7,354 shares of the company’s stock valued at $427,000 after buying an additional 4,668 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index 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.