Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Short Interest Up 473.8% in June

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 83,119 shares, a growth of 473.8% from the May 31st total of 14,485 shares. Based on an average daily volume of 38,522 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.6% of the shares of the stock are sold short.

Goldman Sachs Municipal Income ETF Trading Down 0.0%

Goldman Sachs Municipal Income ETF stock traded down $0.02 during trading hours on Friday, reaching $51.44. 23,985 shares of the stock were exchanged, compared to its average volume of 48,945. Goldman Sachs Municipal Income ETF has a twelve month low of $49.41 and a twelve month high of $52.23. The stock has a 50 day moving average of $51.24 and a two-hundred day moving average of $51.32.

Institutional Trading of Goldman Sachs Municipal Income ETF

Several large investors have recently made changes to their positions in the company. Asio Capital LLC acquired a new position in Goldman Sachs Municipal Income ETF during the fourth quarter valued at approximately $697,000. Redhawk Wealth Advisors Inc. bought a new stake in Goldman Sachs Municipal Income ETF during the fourth quarter worth $1,681,000. Gentry Private Wealth LLC boosted its holdings in shares of Goldman Sachs Municipal Income ETF by 73.2% in the 4th quarter. Gentry Private Wealth LLC now owns 86,249 shares of the company’s stock valued at $4,415,000 after purchasing an additional 36,450 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Goldman Sachs Municipal Income ETF in the 3rd quarter valued at $1,906,000. Finally, Flow Traders U.S. LLC increased its stake in shares of Goldman Sachs Municipal Income ETF by 1,600.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 101,885 shares of the company’s stock valued at $5,183,000 after purchasing an additional 95,894 shares during the last quarter.

About Goldman Sachs Municipal Income ETF

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.