Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sees Significant Growth in Short Interest

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 168,627 shares, an increase of 85.0% from the August 15th total of 91,134 shares. Based on an average daily trading volume, of 496,896 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

Shares of GBIL opened at $99.97 on Wednesday. Goldman Sachs Access Treasury 0-1 Year ETF has a 12-month low of $99.85 and a 12-month high of $100.26. The stock’s 50-day moving average price is $100.02 and its 200 day moving average price is $100.04.

Institutional Trading of Goldman Sachs Access Treasury 0-1 Year ETF

Several institutional investors have recently modified their holdings of GBIL. Cahill Financial Advisors Inc. boosted its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 9.7% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 56,509 shares of the company’s stock valued at $5,660,000 after purchasing an additional 5,015 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the second quarter valued at approximately $219,000. NewEdge Advisors LLC boosted its position in Goldman Sachs Access Treasury 0-1 Year ETF by 14.6% in the 2nd quarter. NewEdge Advisors LLC now owns 209,004 shares of the company’s stock valued at $20,934,000 after buying an additional 26,659 shares during the last quarter. IFP Advisors Inc increased its position in Goldman Sachs Access Treasury 0-1 Year ETF by 705.9% in the second quarter. IFP Advisors Inc now owns 23,338 shares of the company’s stock worth $2,338,000 after purchasing an additional 20,442 shares during the period. Finally, Waverly Advisors LLC grew its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 11.7% during the 2nd quarter. Waverly Advisors LLC now owns 11,669 shares of the company’s stock worth $1,169,000 after buying an additional 1,223 shares during the period.

About Goldman Sachs Access Treasury 0-1 Year ETF

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.