Short Interest in Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Increases By 69.0%

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 2,835 shares, an increase of 69.0% from the April 30th total of 1,678 shares. Based on an average daily trading volume, of 3,690 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF

Several hedge funds have recently made changes to their positions in GEMD. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% during the first quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock worth $342,000 after purchasing an additional 990 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 177.9% during the first quarter. Jane Street Group LLC now owns 40,509 shares of the company’s stock worth $1,641,000 after purchasing an additional 25,931 shares during the last quarter. Finally, Betterment LLC grew its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 7.7% during the third quarter. Betterment LLC now owns 584,849 shares of the company’s stock worth $24,552,000 after purchasing an additional 41,933 shares during the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Stock Performance

Goldman Sachs Access Emerging Markets USD Bond ETF stock opened at $42.32 on Wednesday. Goldman Sachs Access Emerging Markets USD Bond ETF has a 1-year low of $40.12 and a 1-year high of $43.26. The stock’s fifty day moving average is $41.91 and its two-hundred day moving average is $42.34.

Goldman Sachs Access Emerging Markets USD Bond ETF Company Profile

The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation. GEMD was launched on Feb 15, 2022 and is managed by Goldman Sachs.