Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Shares Shorted: Short Interest Up 283.5% in September

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 161,225 shares, a growth of 283.5% from the September 15th total of 42,040 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 297,053 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in GSST. Proficio Capital Partners LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 10,383.9% in the 2nd quarter. Proficio Capital Partners LLC now owns 465,485 shares of the company’s stock valued at $23,542,000 after acquiring an additional 461,045 shares during the last quarter. FreeGulliver LLC raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 406.5% during the 1st quarter. FreeGulliver LLC now owns 299,608 shares of the company’s stock valued at $15,145,000 after acquiring an additional 240,450 shares in the last quarter. Fortis Capital Management LLC raised its position in shares of Goldman Sachs Ultra Short Bond ETF by 355.3% during the 1st quarter. Fortis Capital Management LLC now owns 204,777 shares of the company’s stock valued at $10,351,000 after acquiring an additional 159,798 shares in the last quarter. Three Seasons Wealth LLC lifted its stake in Goldman Sachs Ultra Short Bond ETF by 1,909.9% during the first quarter. Three Seasons Wealth LLC now owns 147,605 shares of the company’s stock worth $7,461,000 after purchasing an additional 140,261 shares during the last quarter. Finally, Corient Private Wealth LLC bought a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter worth $7,056,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

BATS GSST traded up $0.02 during mid-day trading on Friday, reaching $50.36. 141,732 shares of the company’s stock traded hands, compared to its average volume of 258,223. Goldman Sachs Ultra Short Bond ETF has a 1-year low of $50.27 and a 1-year high of $50.83. The company has a fifty day simple moving average of $50.44 and a 200-day simple moving average of $50.48.

Goldman Sachs Ultra Short Bond ETF Company Profile

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.