Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Up 175.3% in June

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 23,681 shares, a growth of 175.3% from the June 15th total of 8,603 shares. Based on an average daily volume of 23,414 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after purchasing an additional 800 shares during the last quarter. Claris Financial LLC acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the fourth quarter worth $205,000. Osaic Holdings Inc. raised its position in Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% during the fourth quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after acquiring an additional 1,641 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the second quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after acquiring an additional 8,064 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock valued at $740,000 after acquiring an additional 625 shares during the period.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Up 0.2%

GHYB stock traded up $0.07 during midday trading on Wednesday, hitting $44.70. The company’s stock had a trading volume of 3,704 shares, compared to its average volume of 16,984. The company’s fifty day moving average price is $44.73 and its 200 day moving average price is $44.98. Goldman Sachs Access High Yield Corporate Bond ETF has a twelve month low of $44.01 and a twelve month high of $45.91.

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.