Short Interest in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Rises By 107.3%

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 43,752 shares, a growth of 107.3% from the December 31st total of 21,107 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 108,566 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 108,566 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Down 0.1%

GIGB stock traded down $0.04 on Friday, hitting $46.44. 13,434 shares of the company’s stock traded hands, compared to its average volume of 185,603. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $43.96 and a 1-year high of $47.16. The stock has a fifty day moving average of $46.46 and a 200-day moving average of $46.40.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 942,221 shares of the company’s stock valued at $43,992,000 after purchasing an additional 48,927 shares in the last quarter. Allworth Financial LP lifted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 0.7% in the second quarter. Allworth Financial LP now owns 199,882 shares of the company’s stock worth $9,199,000 after buying an additional 1,431 shares during the last quarter. White Pine Investment CO boosted its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 0.9% during the 4th quarter. White Pine Investment CO now owns 186,351 shares of the company’s stock worth $8,619,000 after acquiring an additional 1,596 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 7.7% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 159,304 shares of the company’s stock valued at $7,438,000 after acquiring an additional 11,413 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $4,997,000.

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.