Short Interest in Goldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR) Declines By 54.7%
by Jessica Moore · The Cerbat GemGoldman Sachs Access U.S. Aggregate Bond ETF (NYSEARCA:GCOR – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 33,518 shares, a decrease of 54.7% from the April 30th total of 74,026 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 69,787 shares, the days-to-cover ratio is presently 0.5 days.
Hedge Funds Weigh In On Goldman Sachs Access U.S. Aggregate Bond ETF
A number of hedge funds have recently made changes to their positions in GCOR. Jane Street Group LLC raised its stake in shares of Goldman Sachs Access U.S. Aggregate Bond ETF by 20.2% in the 1st quarter. Jane Street Group LLC now owns 107,189 shares of the company’s stock valued at $4,418,000 after buying an additional 17,987 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Goldman Sachs Access U.S. Aggregate Bond ETF by 83.8% in the 2nd quarter. NewEdge Advisors LLC now owns 57,156 shares of the company’s stock valued at $2,363,000 after buying an additional 26,065 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Goldman Sachs Access U.S. Aggregate Bond ETF in the 2nd quarter valued at $132,000. Ausdal Financial Partners Inc. raised its stake in shares of Goldman Sachs Access U.S. Aggregate Bond ETF by 50.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 13,528 shares of the company’s stock valued at $559,000 after buying an additional 4,513 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Goldman Sachs Access U.S. Aggregate Bond ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 47,096 shares of the company’s stock valued at $1,947,000 after buying an additional 6,484 shares in the last quarter.
Goldman Sachs Access U.S. Aggregate Bond ETF Trading Up 0.0%
Shares of GCOR stock traded up $0.02 during mid-day trading on Friday, reaching $41.16. The company’s stock had a trading volume of 39,885 shares, compared to its average volume of 78,557. Goldman Sachs Access U.S. Aggregate Bond ETF has a 1-year low of $40.55 and a 1-year high of $42.22. The firm’s 50-day moving average is $41.18 and its two-hundred day moving average is $41.51.
About Goldman Sachs Access U.S. Aggregate Bond ETF
The Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is an exchange-traded fund that is based on the FTSE Goldman Sachs US Broad Bond index. The fund tracks a broad-maturity, USD-denominated, investment-grade taxable bond index which screens securities for fundamental criteria. GCOR was launched on Sep 8, 2020 and is managed by Goldman Sachs.