Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) Sees Significant Increase in Short Interest

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (NASDAQ:GPRF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 12,538 shares, an increase of 275.7% from the July 15th total of 3,337 shares. Based on an average daily volume of 3,017 shares, the short-interest ratio is presently 4.2 days. Currently, 0.5% of the company’s stock are sold short.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Stock Performance

Shares of GPRF stock opened at $49.54 on Thursday. Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF has a fifty-two week low of $49.09 and a fifty-two week high of $52.41. The stock’s 50-day simple moving average is $49.89 and its 200-day simple moving average is $50.29.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.2112 per share. The ex-dividend date was Monday, August 3rd.

Institutional Trading of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GPRF. Balboa Wealth Partners lifted its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 11.7% in the first quarter. Balboa Wealth Partners now owns 4,739 shares of the company’s stock valued at $236,000 after acquiring an additional 495 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF during the third quarter valued at $1,325,000. Jane Street Group LLC increased its holdings in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 70.1% in the second quarter. Jane Street Group LLC now owns 38,895 shares of the company’s stock valued at $1,963,000 after buying an additional 16,033 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF by 62.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,575,600 shares of the company’s stock worth $181,032,000 after acquiring an additional 1,376,800 shares during the period.

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF Company Profile

The Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to track an index of broad US preferred stock and hybrid securities. The fund aims to provide high monthly income, with lower correlation to interest rates, relative to other asset classes GPRF was launched on Jul 30, 2024 and is issued by Goldman Sachs.