Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Update

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 45,521 shares, an increase of 350.8% from the April 15th total of 10,098 shares. Based on an average daily volume of 171,862 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.3%

GIGB stock opened at $45.69 on Wednesday. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $44.66 and a 1-year high of $47.16. The firm has a fifty day moving average price of $45.92 and a two-hundred day moving average price of $46.31.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Several institutional investors have recently modified their holdings of the company. Sanctuary Advisors LLC lifted its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% in the 4th quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock valued at $283,000 after acquiring an additional 221 shares during the last quarter. Note Advisors LLC lifted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 1.8% during the fourth quarter. Note Advisors LLC now owns 17,523 shares of the company’s stock valued at $813,000 after buying an additional 317 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the third quarter. Orion Porfolio Solutions LLC now owns 8,871 shares of the company’s stock valued at $414,000 after buying an additional 319 shares in the last quarter. Private Trust Co. NA lifted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.7% during the fourth quarter. Private Trust Co. NA now owns 12,410 shares of the company’s stock valued at $574,000 after buying an additional 327 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 8.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 5,226 shares of the company’s stock valued at $242,000 after buying an additional 420 shares in the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

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.