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

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 252 shares, a decrease of 75.8% from the April 30th total of 1,042 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 935 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

Hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC lifted its position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% during the fourth quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock worth $334,000 after acquiring an additional 219 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock worth $952,000 after acquiring an additional 4,664 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth $432,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the third quarter worth $834,000. 77.18% of the stock is owned by hedge funds and other institutional investors.

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

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF stock traded up $0.01 during mid-day trading on Friday, hitting $47.37. The company’s stock had a trading volume of 104 shares, compared to its average volume of 1,392. The firm’s 50 day moving average is $47.36 and its 200 day moving average is $47.59. The company has a market cap of $9.47 million, a PE ratio of 48.34 and a beta of 0.13. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 52-week low of $46.99 and a 52-week high of $48.11.

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. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.