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 target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 10,098 shares, a drop of 69.9% from the March 31st total of 33,524 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 57,219 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter worth $28,000. Hantz Financial Services Inc. bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 4th quarter worth $30,000. Comerica Bank bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter worth $101,000. Transamerica Financial Advisors LLC grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 49.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 2,553 shares of the company’s stock worth $119,000 after acquiring an additional 849 shares during the last quarter. Finally, Ausdal Financial Partners Inc. bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 3rd quarter worth $224,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

Goldman Sachs Access Investment Grade Corporate Bond ETF stock traded up $0.04 during trading hours on Friday, reaching $46.09. The stock had a trading volume of 34,532 shares, compared to its average volume of 96,049. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 52 week low of $44.66 and a 52 week high of $47.16. The company has a fifty day simple moving average of $46.11 and a 200-day simple moving average of $46.38.

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.