Short Interest in Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Declines By 76.0%

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 19,937 shares, a decrease of 76.0% from the June 15th total of 83,119 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,428 shares, the days-to-cover ratio is currently 0.6 days.

Goldman Sachs Municipal Income ETF Trading Down 0.1%

Shares of NYSEARCA GMUB opened at $51.24 on Tuesday. Goldman Sachs Municipal Income ETF has a one year low of $49.41 and a one year high of $52.23. The firm’s 50 day simple moving average is $51.24 and its two-hundred day simple moving average is $51.34.

Institutional Trading of Goldman Sachs Municipal Income ETF

Hedge funds have recently added to or reduced their stakes in the business. Sowell Financial Services LLC increased its holdings in shares of Goldman Sachs Municipal Income ETF by 2.1% in the fourth quarter. Sowell Financial Services LLC now owns 70,243 shares of the company’s stock worth $3,596,000 after buying an additional 1,455 shares during the period. &PARTNERS boosted its holdings in Goldman Sachs Municipal Income ETF by 7.8% during the 4th quarter. &PARTNERS now owns 22,799 shares of the company’s stock valued at $1,167,000 after acquiring an additional 1,652 shares during the period. GGM Financials LLC purchased a new stake in Goldman Sachs Municipal Income ETF during the 4th quarter valued at about $101,000. Sanctuary Advisors LLC grew its position in Goldman Sachs Municipal Income ETF by 27.3% during the 1st quarter. Sanctuary Advisors LLC now owns 11,204 shares of the company’s stock worth $571,000 after acquiring an additional 2,404 shares during the last quarter. Finally, Signaturefd LLC bought a new position in Goldman Sachs Municipal Income ETF during the 4th quarter worth approximately $136,000.

About Goldman Sachs Municipal Income ETF

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.