Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Up 107.3% in January

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 43,752 shares, a growth of 107.3% from the December 31st total of 21,107 shares. Based on an average daily trading volume, of 108,566 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 108,566 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GIGB. Geneos Wealth Management Inc. acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $28,000. Private Trust Co. NA raised its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 175.3% during the second quarter. Private Trust Co. NA now owns 1,346 shares of the company’s stock worth $62,000 after acquiring an additional 857 shares in the last quarter. Comerica Bank acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at $101,000. Ausdal Financial Partners Inc. acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the third quarter valued at $224,000. Finally, 17 Capital Partners LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $243,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of Goldman Sachs Access Investment Grade Corporate Bond ETF stock traded down $0.05 during trading hours on Friday, reaching $46.42. 95,629 shares of the company’s stock were exchanged, compared to its average volume of 189,876. The company has a 50 day moving average of $46.46 and a two-hundred day moving average of $46.42. Goldman Sachs Access Investment Grade Corporate Bond ETF has a fifty-two week low of $43.96 and a fifty-two week high of $47.16.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.