Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Sees Significant Decrease in Short Interest

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 252 shares, a drop of 75.8% from the April 30th total of 1,042 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 935 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of hedge funds have recently modified their holdings of GSIG. Citadel Advisors LLC raised its stake in shares of 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 worth $952,000 after buying an additional 4,664 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter worth approximately $834,000. Susquehanna International Group LLP acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter worth approximately $432,000. Finally, Sanctuary Advisors LLC raised its position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 16.3% in the 1st quarter. Sanctuary Advisors LLC now owns 8,149 shares of the company’s stock valued at $386,000 after purchasing an additional 1,140 shares in the last quarter. 77.18% of the stock is currently owned by hedge funds and other institutional investors.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Trading Up 0.0%

NYSEARCA:GSIG traded up $0.01 during mid-day trading on Friday, hitting $47.37. The stock had a trading volume of 104 shares, compared to its average volume of 1,392. The stock has a 50-day simple moving average of $47.36 and a two-hundred day simple moving average of $47.59. The company has a market capitalization of $9.47 million, a PE ratio of 48.34 and a beta of 0.13. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a twelve month low of $46.99 and a twelve month high of $48.11.

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

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.