Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Update

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 19,826 shares, a decline of 38.4% from the May 14th total of 32,194 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 317,782 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Goldman Sachs Ultra Short Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Kensington Asset Management LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 15.6% in the 1st quarter. Kensington Asset Management LLC now owns 819,238 shares of the company’s stock valued at $41,412,000 after acquiring an additional 110,264 shares during the period. Graney & King LLC purchased a new stake in shares of Goldman Sachs Ultra Short Bond ETF in the 1st quarter valued at approximately $82,000. Royal Bank of Canada raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 15.9% in the 1st quarter. Royal Bank of Canada now owns 38,366 shares of the company’s stock valued at $1,939,000 after acquiring an additional 5,274 shares during the period. FreeGulliver LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 406.5% in the 1st quarter. FreeGulliver LLC now owns 299,608 shares of the company’s stock valued at $15,145,000 after acquiring an additional 240,450 shares during the period. Finally, Waverly Advisors LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 47.9% in the 1st quarter. Waverly Advisors LLC now owns 7,335 shares of the company’s stock valued at $371,000 after acquiring an additional 2,376 shares during the period.

Goldman Sachs Ultra Short Bond ETF Price Performance

Goldman Sachs Ultra Short Bond ETF stock opened at $50.48 on Monday. The company’s 50 day simple moving average is $50.49 and its 200-day simple moving average is $50.54. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.35 and a 1 year 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.