Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Sees Significant Decline in Short Interest

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 7,277 shares, a decline of 37.2% from the April 30th total of 11,584 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,693 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Goldman Sachs Access High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 3.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 407,397 shares of the company’s stock worth $18,147,000 after buying an additional 12,785 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 30.9% in the 1st quarter. Jane Street Group LLC now owns 34,692 shares of the company’s stock worth $1,545,000 after buying an additional 8,196 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock worth $368,000 after buying an additional 8,064 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.5% in the 2nd quarter. NewEdge Advisors LLC now owns 103,103 shares of the company’s stock worth $4,678,000 after buying an additional 4,473 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 48.1% in the 2nd quarter. Bank of America Corp DE now owns 19,136 shares of the company’s stock worth $868,000 after buying an additional 6,217 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Up 0.2%

Shares of NYSEARCA GHYB opened at $44.79 on Wednesday. The firm’s fifty day moving average is $44.75 and its two-hundred day moving average is $45.13. Goldman Sachs Access High Yield Corporate Bond ETF has a 52-week low of $44.01 and a 52-week high of $45.91.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.