Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Decreases By 66.1%

by · The Cerbat Gem

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,165 shares, a decline of 66.1% from the August 15th total of 6,378 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 19,203 shares, the days-to-cover ratio is currently 0.1 days.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Performance

GHYB traded down $0.03 during trading hours on Friday, hitting $44.04. 4,822 shares of the company’s stock were exchanged, compared to its average volume of 15,632. Goldman Sachs Access High Yield Corporate Bond ETF has a 1-year low of $44.00 and a 1-year high of $45.91. The stock’s 50-day moving average is $44.53 and its two-hundred day moving average is $44.69.

Institutional Investors Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. grew its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after acquiring an additional 800 shares in the last quarter. Claris Financial LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF during the fourth quarter worth about $205,000. Integrated Wealth Concepts LLC boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% during the second quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock valued at $310,000 after purchasing an additional 2,307 shares during the last quarter. Osaic Holdings Inc. boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% during the fourth quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock valued at $362,000 after purchasing an additional 1,641 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the second quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after purchasing an additional 8,064 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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.

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