Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Short Interest Update

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 1,454 shares, a decrease of 78.1% from the June 30th total of 6,642 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 2,898 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF

A number of institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% during the first quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock worth $342,000 after purchasing an additional 990 shares during the last quarter. Jane Street Group LLC increased its holdings in Goldman Sachs Access Emerging Markets USD Bond ETF by 177.9% in the first quarter. Jane Street Group LLC now owns 40,509 shares of the company’s stock valued at $1,641,000 after buying an additional 25,931 shares during the last quarter. Finally, Betterment LLC increased its holdings 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 during the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Stock Performance

BATS GEMD opened at $41.56 on Monday. Goldman Sachs Access Emerging Markets USD Bond ETF has a 12 month low of $40.88 and a 12 month high of $43.26. The company’s fifty day moving average price is $42.14 and its two-hundred day moving average price is $42.23.

About Goldman Sachs Access Emerging Markets USD Bond ETF

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.