Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 11,209 shares, a growth of 167.0% from the November 30th total of 4,198 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 20,779 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 20,779 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.6% of the company’s stock are sold short.
Goldman Sachs Access High Yield Corporate Bond ETF Price Performance
Shares of NYSEARCA:GHYB traded down $0.01 on Friday, reaching $45.58. The company had a trading volume of 4,392 shares, compared to its average volume of 16,247. The stock has a 50-day moving average price of $45.42 and a 200 day moving average price of $45.36. Goldman Sachs Access High Yield Corporate Bond ETF has a twelve month low of $42.16 and a twelve month high of $45.91.
Hedge Funds Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF
A number of institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 3.2% during the first quarter. Goldman Sachs Group Inc. now owns 407,397 shares of the company’s stock valued at $18,147,000 after acquiring an additional 12,785 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 18.5% during the 3rd quarter. NewEdge Advisors LLC now owns 122,147 shares of the company’s stock valued at $5,603,000 after purchasing an additional 19,044 shares during the period. Advisory Services Network LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 0.8% during the 3rd quarter. Advisory Services Network LLC now owns 99,752 shares of the company’s stock valued at $4,576,000 after purchasing an additional 758 shares during the period. Bank of America Corp DE increased its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 233.7% during the 3rd quarter. Bank of America Corp DE now owns 63,857 shares of the company’s stock valued at $2,929,000 after purchasing an additional 44,721 shares during the last quarter. Finally, Jane Street Group LLC lifted 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 purchasing an additional 8,196 shares during the period.
About Goldman Sachs Access High Yield Corporate Bond ETF
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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