Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Down 56.7% in August

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 6,378 shares, a decrease of 56.7% from the July 30th total of 14,719 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 7,797 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 6.9% in the first quarter. NewEdge Advisors LLC now owns 153,513 shares of the company’s stock valued at $6,842,000 after purchasing an additional 9,849 shares in the last quarter. Bank of America Corp DE raised its position in Goldman Sachs Access High Yield Corporate Bond ETF by 27.5% during the first quarter. Bank of America Corp DE now owns 94,333 shares of the company’s stock valued at $4,205,000 after purchasing an additional 20,352 shares during the period. PNC Financial Services Group Inc. raised its position in Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% during the first quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock valued at $174,000 after purchasing an additional 1,200 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 3.4% in the 1st quarter. Sanctuary Advisors LLC now owns 34,366 shares of the company’s stock valued at $1,532,000 after purchasing an additional 1,122 shares during the last quarter. Finally, Sage Rhino Capital LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the first quarter worth $872,000.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Down 0.2%

Goldman Sachs Access High Yield Corporate Bond ETF stock traded down $0.11 during mid-day trading on Friday, hitting $44.62. The stock had a trading volume of 21,449 shares, compared to its average volume of 16,222. The firm’s 50 day moving average is $44.61 and its 200 day moving average is $44.77. Goldman Sachs Access High Yield Corporate Bond ETF has a one year low of $44.01 and a one year high of $45.91.

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.