Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Increases By 167.0%

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 11,209 shares, an increase of 167.0% from the November 30th total of 4,198 shares. Based on an average daily volume of 20,779 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are sold short. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 20,779 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Harbour Investments Inc. lifted its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 156.8% in the 2nd quarter. Harbour Investments Inc. now owns 832 shares of the company’s stock valued at $38,000 after purchasing an additional 508 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% in the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after purchasing an additional 800 shares during the period. Claris Financial LLC acquired a new stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 2nd quarter worth about $204,000. Global Assets Advisory LLC acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter valued at about $289,000. Finally, Chicago Partners Investment Group LLC grew its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 12.2% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 7,034 shares of the company’s stock valued at $319,000 after buying an additional 765 shares during the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

Shares of GHYB traded down $0.01 during trading hours on Friday, reaching $45.58. The stock had a trading volume of 4,392 shares, compared to its average volume of 16,247. The firm has a 50-day moving average of $45.42 and a 200 day moving average of $45.35. Goldman Sachs Access High Yield Corporate Bond ETF has a 52 week low of $42.16 and a 52 week high of $45.91.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.