Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Update

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 382 shares, a drop of 46.6% from the January 29th total of 715 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,050 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 1,050 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Price Performance

Shares of GSIG stock traded up $0.07 on Friday, reaching $47.96. 9 shares of the company were exchanged, compared to its average volume of 1,377. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a one year low of $46.70 and a one year high of $48.11. The company has a market cap of $9.59 million, a price-to-earnings ratio of 48.94 and a beta of 0.12. The company has a 50-day moving average of $47.76 and a 200-day moving average of $47.76.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were issued a $0.1708 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, February 2nd. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s dividend payout ratio (DPR) is currently 223.47%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC grew its stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% in the 4th quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after purchasing an additional 219 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the 3rd quarter worth about $432,000. Flow Traders U.S. LLC bought a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter valued at about $834,000. Finally, Citadel Advisors LLC grew its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after buying an additional 4,664 shares during the period. Institutional investors and hedge funds own 77.18% of the company’s stock.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Company Profile

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.