Short Interest in Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Drops By 59.2%

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 68,004 shares, a decrease of 59.2% from the May 14th total of 166,732 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 664,289 shares, the days-to-cover ratio is presently 0.1 days.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

Shares of NYSEARCA:GBIL opened at $100.00 on Friday. The stock’s 50-day simple moving average is $100.03 and its two-hundred day simple moving average is $100.06. Goldman Sachs Access Treasury 0-1 Year ETF has a 52-week low of $99.82 and a 52-week high of $100.26.

Hedge Funds Weigh In On Goldman Sachs Access Treasury 0-1 Year ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GBIL. Maseco LLP bought a new stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF during the 4th quarter valued at $25,000. Texas Capital Bancshares Inc TX bought a new position in Goldman Sachs Access Treasury 0-1 Year ETF in the 3rd quarter worth $32,000. GHP Investment Advisors Inc. purchased a new position in Goldman Sachs Access Treasury 0-1 Year ETF during the first quarter valued at $33,000. Hantz Financial Services Inc. purchased a new position in Goldman Sachs Access Treasury 0-1 Year ETF during the third quarter valued at $33,000. Finally, Parallel Advisors LLC grew its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 129.1% during the first quarter. Parallel Advisors LLC now owns 362 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares during the period.

Goldman Sachs Access Treasury 0-1 Year ETF Company Profile

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.