Short Interest in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Increases By 69.0%

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 2,835 shares, an increase of 69.0% from the April 30th total of 1,678 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 3,690 shares, the short-interest ratio is presently 0.8 days.

Goldman Sachs Access Emerging Markets USD Bond ETF Trading Up 0.3%

Shares of BATS GEMD opened at $42.32 on Wednesday. Goldman Sachs Access Emerging Markets USD Bond ETF has a 12-month low of $40.12 and a 12-month high of $43.26. The business’s fifty day simple moving average is $41.91 and its 200-day simple moving average is $42.34.

Institutional Trading of Goldman Sachs Access Emerging Markets USD Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% in the first quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock valued at $342,000 after buying an additional 990 shares in the last quarter. Jane Street Group LLC raised its stake in Goldman Sachs Access Emerging Markets USD Bond ETF by 58.8% in the fourth quarter. Jane Street Group LLC now owns 41,677 shares of the company’s stock valued at $1,769,000 after buying an additional 15,436 shares in the last quarter. Finally, Betterment LLC raised its stake in Goldman Sachs Access Emerging Markets USD Bond ETF by 2.8% in the fourth quarter. Betterment LLC now owns 601,446 shares of the company’s stock valued at $25,531,000 after buying an additional 16,597 shares in the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Company Profile

The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation. GEMD was launched on Feb 15, 2022 and is managed by Goldman Sachs.