Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Short Interest Update

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUBGet Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 13,373 shares, a decline of 57.2% from the April 30th total of 31,279 shares. Based on an average daily volume of 26,174 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. GGM Financials LLC bought a new position in Goldman Sachs Municipal Income ETF during the 4th quarter valued at about $101,000. Signaturefd LLC bought a new position in Goldman Sachs Municipal Income ETF during the 4th quarter valued at about $136,000. Gateway Wealth Partners LLC bought a new position in Goldman Sachs Municipal Income ETF during the 1st quarter valued at about $201,000. Miller Capital Partners Inc. bought a new position in Goldman Sachs Municipal Income ETF during the 4th quarter valued at about $305,000. Finally, WNY Asset Management LLC bought a new position in Goldman Sachs Municipal Income ETF during the 1st quarter valued at about $343,000.

Goldman Sachs Municipal Income ETF Stock Performance

NYSEARCA:GMUB remained flat at $51.23 during trading hours on Tuesday. 25,202 shares of the company’s stock were exchanged, compared to its average volume of 51,487. Goldman Sachs Municipal Income ETF has a fifty-two week low of $48.95 and a fifty-two week high of $52.23. The company’s 50 day simple moving average is $51.12 and its 200 day simple moving average is $51.29.

Goldman Sachs Municipal Income ETF Company Profile

(Get Free Report)

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.

See Also

Receive News & Ratings for Goldman Sachs Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.