Short Interest in Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Drops By 35.2%

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,468 shares, a decrease of 35.2% from the August 15th total of 23,867 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 72,824 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC lifted its position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 7.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,406 shares of the company’s stock worth $167,000 after buying an additional 237 shares during the last quarter. LifePlan Investment Advisors Inc. grew its position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 3.8% during the 2nd quarter. LifePlan Investment Advisors Inc. now owns 11,200 shares of the company’s stock valued at $547,000 after buying an additional 413 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Goldman Sachs Access Inflation Protected USD Bond ETF during the 1st quarter valued at about $34,000. Sanctuary Advisors LLC grew its position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 17.8% during the 1st quarter. Sanctuary Advisors LLC now owns 5,444 shares of the company’s stock valued at $269,000 after buying an additional 824 shares during the last quarter. Finally, Cornerstone Planning Group LLC acquired a new stake in Goldman Sachs Access Inflation Protected USD Bond ETF during the first quarter worth about $43,000.

Goldman Sachs Access Inflation Protected USD Bond ETF Price Performance

GTIP stock opened at $46.97 on Thursday. Goldman Sachs Access Inflation Protected USD Bond ETF has a twelve month low of $46.94 and a twelve month high of $50.32. The firm has a 50 day simple moving average of $47.73 and a 200-day simple moving average of $48.74.

About Goldman Sachs Access Inflation Protected USD Bond ETF

The Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of off-the-run US Treasury inflation-protected securities with at least one year remaining in maturity. GTIP was launched on Oct 2, 2018 and is managed by Goldman Sachs.