Short Interest in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Increases By 101.6%

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 189,795 shares, an increase of 101.6% from the June 15th total of 94,166 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 257,806 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Goldman Sachs Ultra Short Bond ETF

Large investors have recently bought and sold shares of the stock. Morgan Stanley boosted its stake 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 period. LPL Financial LLC raised its holdings 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 purchasing an additional 311,469 shares in the last quarter. CWM LLC grew its stake in shares of Goldman Sachs Ultra Short Bond ETF by 4.4% during the fourth quarter. CWM LLC now owns 1,242,300 shares of the company’s stock worth $62,699,000 after purchasing an additional 52,499 shares in the last quarter. Kensington Asset Management LLC increased its holdings in Goldman Sachs Ultra Short Bond ETF by 15.6% in the first 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 lifted its holdings in Goldman Sachs Ultra Short Bond ETF by 0.5% during the 4th quarter. Amplius Wealth Advisors LLC now owns 787,192 shares of the company’s stock worth $39,730,000 after buying an additional 3,758 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of GSST stock opened at $50.49 on Friday. The firm has a 50 day moving average of $50.48 and a two-hundred day moving average of $50.52. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.35 and a 52 week high of $50.83.

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.