Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Short Interest Up 69.0% in May

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,835 shares, a growth of 69.0% from the April 30th total of 1,678 shares. Based on an average trading volume of 3,690 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF

A number of large investors have recently modified their holdings of the business. Jane Street Group LLC grew its stake in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 58.8% during the fourth quarter. Jane Street Group LLC now owns 41,677 shares of the company’s stock worth $1,769,000 after acquiring an additional 15,436 shares during the last quarter. Betterment LLC boosted its position in Goldman Sachs Access Emerging Markets USD Bond ETF by 2.8% in the fourth quarter. Betterment LLC now owns 601,446 shares of the company’s stock valued at $25,531,000 after buying an additional 16,597 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% in the first quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock valued at $342,000 after buying an additional 990 shares during the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Stock Performance

Shares of GEMD stock opened at $42.15 on Thursday. Goldman Sachs Access Emerging Markets USD Bond ETF has a fifty-two week low of $40.14 and a fifty-two week high of $43.26. The stock’s 50-day simple moving average is $41.95 and its 200-day simple moving average is $42.34.

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.