Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sees Significant Increase in Short Interest

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 168,627 shares, a growth of 85.0% from the August 15th total of 91,134 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 496,896 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. ACR Alpine Capital Research LLC boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 37.2% during the 1st quarter. ACR Alpine Capital Research LLC now owns 11,133,728 shares of the company’s stock valued at $1,115,488,000 after purchasing an additional 3,018,277 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 17.4% in the 1st quarter. Bank of America Corp DE now owns 2,552,193 shares of the company’s stock worth $255,704,000 after purchasing an additional 377,406 shares in the last quarter. Resolute Capital LLC acquired a new stake in Goldman Sachs Access Treasury 0-1 Year ETF during the fourth quarter valued at approximately $18,258,000. Tevis Investment Management lifted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 205.6% during the 1st quarter. Tevis Investment Management now owns 208,435 shares of the company’s stock valued at $20,883,000 after acquiring an additional 140,228 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 7.7% in the 4th quarter. LPL Financial LLC now owns 1,726,922 shares of the company’s stock valued at $172,589,000 after purchasing an additional 123,767 shares during the period.

Goldman Sachs Access Treasury 0-1 Year ETF Stock Performance

NYSEARCA GBIL traded up $0.02 on Thursday, reaching $99.99. 585,463 shares of the stock traded hands, compared to its average volume of 790,583. Goldman Sachs Access Treasury 0-1 Year ETF has a 12 month low of $99.85 and a 12 month high of $100.26. The firm’s fifty day simple moving average is $100.02 and its 200 day simple moving average is $100.03.

About Goldman Sachs Access Treasury 0-1 Year ETF

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.