Short Interest in Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Drops By 90.8%

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 32,793 shares, a drop of 90.8% from the January 15th total of 355,133 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,140,549 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 1,140,549 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

Shares of GBIL traded up $0.01 during midday trading on Thursday, hitting $100.04. The company had a trading volume of 863,612 shares, compared to its average volume of 950,880. The company’s 50 day moving average price is $100.08 and its 200 day moving average price is $100.06. Goldman Sachs Access Treasury 0-1 Year ETF has a 52 week low of $99.82 and a 52 week high of $100.26.

Goldman Sachs Access Treasury 0-1 Year ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a $0.2731 dividend. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GBIL. IFP Advisors Inc raised its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 80.9% during the 2nd quarter. IFP Advisors Inc now owns 6,539 shares of the company’s stock valued at $655,000 after acquiring an additional 2,924 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 11.3% during the second quarter. Concurrent Investment Advisors LLC now owns 7,236 shares of the company’s stock worth $725,000 after purchasing an additional 736 shares during the period. MGO One Seven LLC raised its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 73.7% during the second quarter. MGO One Seven LLC now owns 43,610 shares of the company’s stock worth $4,368,000 after purchasing an additional 18,501 shares during the period. Naviter Wealth LLC bought a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the 2nd quarter worth about $242,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Goldman Sachs Access Treasury 0-1 Year ETF in the 2nd quarter valued at about $689,000.

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.