Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Stock Short Interest Drops 68.6%

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,273 shares, a decrease of 68.6% from the October 15th total of 10,435 shares. Based on an average daily volume of 19,560 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of Goldman Sachs Access Inflation Protected USD Bond ETF

Institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC boosted its holdings in Goldman Sachs Access Inflation Protected USD Bond ETF by 26.7% in the third quarter. Private Advisor Group LLC now owns 249,696 shares of the company’s stock valued at $11,563,000 after acquiring an additional 52,650 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its position in Goldman Sachs Access Inflation Protected USD Bond ETF by 24.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 2,005 shares of the company’s stock valued at $93,000 after acquiring an additional 388 shares during the period. Kestra Advisory Services LLC purchased a new stake in Goldman Sachs Access Inflation Protected USD Bond ETF during the third quarter valued at about $275,000. Sowell Financial Services LLC increased its stake in Goldman Sachs Access Inflation Protected USD Bond ETF by 27.2% during the third quarter. Sowell Financial Services LLC now owns 93,602 shares of the company’s stock worth $4,334,000 after acquiring an additional 19,998 shares during the last quarter. Finally, CoreCap Advisors LLC increased its stake in Goldman Sachs Access Inflation Protected USD Bond ETF by 4.7% during the third quarter. CoreCap Advisors LLC now owns 21,919 shares of the company’s stock worth $1,015,000 after acquiring an additional 988 shares during the last quarter.

Goldman Sachs Access Inflation Protected USD Bond ETF Stock Performance

BATS:GTIP traded down $0.09 during trading hours on Friday, reaching $46.35. 20,450 shares of the company were exchanged, compared to its average volume of 33,484. Goldman Sachs Access Inflation Protected USD Bond ETF has a 52-week low of $46.15 and a 52-week high of $50.07. The stock has a 50 day simple moving average of $46.87 and a 200 day simple moving average of $48.42.

Goldman Sachs Access Inflation Protected USD Bond ETF Company Profile

The Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of off-the-run US Treasury inflation-protected securities with at least one year remaining in maturity. GTIP was launched on Oct 2, 2018 and is managed by Goldman Sachs.