Short Interest in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Decreases By 50.3%

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 101,270 shares, a drop of 50.3% from the July 15th total of 203,674 shares. Based on an average daily trading volume, of 193,693 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Goldman Sachs Ultra Short Bond ETF

Several large investors have recently modified their holdings of the stock. Morgan Stanley lifted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 16.1% during the fourth quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock worth $120,394,000 after purchasing an additional 331,513 shares during the period. LPL Financial LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 29.8% in the 4th quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after buying an additional 311,469 shares during the period. Kensington Asset Management LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 15.6% during the 1st quarter. Kensington Asset Management LLC now owns 819,238 shares of the company’s stock worth $41,412,000 after buying an additional 110,264 shares during the last quarter. Raymond James Financial Inc. raised its position in Goldman Sachs Ultra Short Bond ETF by 46.7% during the 3rd quarter. Raymond James Financial Inc. now owns 781,136 shares of the company’s stock worth $39,604,000 after buying an additional 248,614 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Goldman Sachs Ultra Short Bond ETF by 23.5% during the 4th quarter. Wells Fargo & Company MN now owns 770,854 shares of the company’s stock worth $38,905,000 after buying an additional 146,893 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Stock Up 0.1%

GSST opened at $50.51 on Friday. The business has a 50 day moving average price of $50.48 and a two-hundred day moving average price of $50.51. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.83.

About Goldman Sachs Ultra Short Bond ETF

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.