Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Sees Significant Growth in Short Interest

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,471 shares, a growth of 176.0% from the September 30th total of 533 shares. Based on an average daily trading volume, of 28,487 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% in the first quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock valued at $174,000 after purchasing an additional 1,200 shares during the last quarter. Smithbridge Asset Management Inc. DE bought a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF in the third quarter worth about $249,000. Chicago Partners Investment Group LLC acquired a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 3rd quarter worth about $294,000. Integrated Wealth Concepts LLC lifted its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock worth $310,000 after purchasing an additional 2,307 shares during the last quarter. Finally, Atwood & Palmer Inc. bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $782,000.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Performance

NYSEARCA GHYB opened at $43.37 on Friday. Goldman Sachs Access High Yield Corporate Bond ETF has a fifty-two week low of $42.77 and a fifty-two week high of $45.72. The stock’s 50-day moving average is $43.72 and its two-hundred day moving average is $44.57.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.