Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Sees Significant Increase in Short Interest

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 600 shares, an increase of 50.0% from the May 15th total of 400 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Trading Down 0.1%

NYSEARCA:GSIG traded down $0.07 on Monday, hitting $47.23. The stock had a trading volume of 23 shares, compared to its average volume of 587. The business’s 50-day simple moving average is $47.14 and its two-hundred day simple moving average is $47.05. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 52-week low of $46.36 and a 52-week high of $47.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GSIG. JPMorgan Chase & Co. boosted its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 4,126.7% in the 4th quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock worth $30,000 after buying an additional 619 shares during the period. Citadel Advisors LLC lifted its position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 10.6% in the fourth quarter. Citadel Advisors LLC now owns 27,425 shares of the company’s stock valued at $1,283,000 after acquiring an additional 2,632 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 11.2% in the fourth quarter. Jane Street Group LLC now owns 48,873 shares of the company’s stock worth $2,287,000 after acquiring an additional 4,927 shares during the period.

About Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years.