Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Down 66.8% in May

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 32,194 shares, a drop of 66.8% from the April 30th total of 96,857 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 284,511 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Goldman Sachs Ultra Short Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 16.1% in the 4th quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock valued at $120,394,000 after buying an additional 331,513 shares during the last quarter. LPL Financial LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 29.8% in the 4th quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after buying an additional 311,469 shares during the last quarter. CWM LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 4.4% in the 4th quarter. CWM LLC now owns 1,242,300 shares of the company’s stock valued at $62,699,000 after buying an additional 52,499 shares during the last quarter. Kensington Asset Management LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 15.6% in the 1st quarter. Kensington Asset Management LLC now owns 819,238 shares of the company’s stock valued at $41,412,000 after buying an additional 110,264 shares during the last quarter. Finally, Amplius Wealth Advisors LLC grew its position in shares of Goldman Sachs Ultra Short Bond ETF by 0.5% in the 4th quarter. Amplius Wealth Advisors LLC now owns 787,192 shares of the company’s stock valued at $39,730,000 after buying an additional 3,758 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Goldman Sachs Ultra Short Bond ETF stock traded up $0.02 during mid-day trading on Friday, reaching $50.56. 136,591 shares of the company were exchanged, compared to its average volume of 283,238. Goldman Sachs Ultra Short Bond ETF has a 12 month low of $50.29 and a 12 month high of $50.83. The company has a fifty day simple moving average of $50.50 and a 200-day simple moving average of $50.55.

About Goldman Sachs Ultra Short Bond ETF

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.