Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Up 11,477.8% in April

by · The Cerbat Gem

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG – Get Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 1,042 shares, a growth of 11,477.8% from the April 15th total of 9 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 915 shares, the days-to-cover ratio is presently 1.1 days.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Trading Down 0.1%

Shares of GSIG traded down $0.05 during trading hours on Monday, reaching $47.35. The company had a trading volume of 52 shares, compared to its average volume of 1,061. The firm has a 50 day simple moving average of $47.46 and a 200-day simple moving average of $47.65. The company has a market capitalization of $9.47 million, a price-to-earnings ratio of 48.32 and a beta of 0.13. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 12-month low of $46.99 and a 12-month high of $48.11.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

Large investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC increased its holdings in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% in the 4th quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after purchasing an additional 219 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter valued at about $432,000. Flow Traders U.S. LLC purchased a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter valued at about $834,000. Finally, Citadel Advisors LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the 3rd quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after acquiring an additional 4,664 shares in the last quarter. Hedge funds and other institutional investors own 77.18% of the company’s stock.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Company Profile

(Get Free Report)

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.

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