Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Up 375.0% in June

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 94,166 shares, an increase of 375.0% from the May 31st total of 19,826 shares. Based on an average daily trading volume, of 217,842 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are sold short.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

Goldman Sachs Ultra Short Bond ETF stock opened at $50.56 on Friday. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.35 and a 52 week high of $50.83. The firm’s 50-day simple moving average is $50.50 and its 200 day simple moving average is $50.54.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GSST. AlphaCore Capital LLC acquired a new position in shares of Goldman Sachs Ultra Short Bond ETF during the 4th quarter worth approximately $33,000. Graney & King LLC acquired a new stake in Goldman Sachs Ultra Short Bond ETF during the 1st quarter valued at $82,000. Wagner Wealth Management LLC increased its position in Goldman Sachs Ultra Short Bond ETF by 20.9% during the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock worth $86,000 after buying an additional 296 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 214,200.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock worth $108,000 after acquiring an additional 2,142 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 66.1% in the fourth quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock worth $126,000 after acquiring an additional 991 shares during the last quarter.

About Goldman Sachs Ultra Short Bond ETF

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.