Goldman Sachs Ultra Short Bond ETF (BATS:GSST – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 161,225 shares, an increase of 283.5% from the September 15th total of 42,040 shares. Based on an average daily trading volume, of 297,053 shares, the short-interest ratio is currently 0.5 days. Approximately 0.9% of the company’s shares are sold short.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Graney & King LLC purchased a new stake in Goldman Sachs Ultra Short Bond ETF in the first quarter worth about $82,000. Trademark Financial Management LLC increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 19.0% during the first quarter. Trademark Financial Management LLC now owns 4,845 shares of the company’s stock valued at $245,000 after purchasing an additional 773 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 511.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,937 shares of the company’s stock valued at $249,000 after purchasing an additional 4,129 shares in the last quarter. Vision Retirement LLC increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 5.3% during the first quarter. Vision Retirement LLC now owns 4,949 shares of the company’s stock valued at $250,000 after purchasing an additional 249 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Goldman Sachs Ultra Short Bond ETF during the first quarter valued at approximately $317,000.
Goldman Sachs Ultra Short Bond ETF Stock Performance
Shares of GSST opened at $50.36 on Tuesday. The company has a 50-day simple moving average of $50.44 and a two-hundred day simple moving average of $50.47. Goldman Sachs Ultra Short Bond ETF has a one year low of $50.27 and a one year high of $50.83.
About Goldman Sachs Ultra Short Bond ETF
The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.
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