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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 948,900 shares, an increase of 37.0% from the October 15th total of 692,500 shares. Based on an average daily volume of 2,705,700 shares, the days-to-cover ratio is currently 0.4 days.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ:VGIT opened at $58.29 on Friday. The company’s fifty day moving average is $59.59 and its two-hundred day moving average is $58.99. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1855 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

Large investors have recently added to or reduced their stakes in the company. Motco purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 1st quarter valued at $26,000. Fifth Third Bancorp grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. Aspire Private Capital LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after acquiring an additional 485 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at $31,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at $31,000.

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.