Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Short Interest Up 371.4% in April

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 7,147 shares, an increase of 371.4% from the April 15th total of 1,516 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 2,938 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Balboa Wealth Partners bought a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the third quarter valued at about $227,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF in the 3rd quarter valued at about $1,325,000. Jane Street Group LLC raised its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the 2nd quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after acquiring an additional 16,033 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after acquiring an additional 1,376,800 shares during the last quarter.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Stock Performance

NASDAQ:GPRF traded up $0.03 on Thursday, hitting $50.31. 2,285 shares of the stock were exchanged, compared to its average volume of 25,411. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a 52 week low of $49.09 and a 52 week high of $52.03. The company’s 50-day moving average price is $50.29 and its 200 day moving average price is $50.72.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were paid a $0.2409 dividend. The ex-dividend date of this dividend was Friday, May 1st.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Company Profile

The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to track an index of broad US preferred stock and hybrid securities. The fund aims to provide high monthly income, with lower correlation to interest rates, relative to other asset classes GPRF was launched on Jul 30, 2024 and is issued by Goldman Sachs.