Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,232 shares, an increase of 377.5% from the September 30th total of 258 shares. Based on an average daily trading volume, of 5,509 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.
Goldman Sachs Access Emerging Markets USD Bond ETF Trading Up 0.5%
Shares of BATS:GEMD opened at $40.34 on Friday. The stock has a 50 day moving average of $40.57 and a 200 day moving average of $41.75. Goldman Sachs Access Emerging Markets USD Bond ETF has a 12-month low of $39.33 and a 12-month high of $43.26.
Hedge Funds Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF
An institutional investor recently bought a new stake in Goldman Sachs Access Emerging Markets USD Bond ETF stock. Integrated Wealth Concepts LLC purchased a new position in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,946 shares of the company’s stock, valued at approximately $210,000. Integrated Wealth Concepts LLC owned 0.71% of Goldman Sachs Access Emerging Markets USD Bond ETF at the end of the most recent reporting period.
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.
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