Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Declines By 66.1%

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,165 shares, a drop of 66.1% from the August 15th total of 6,378 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 19,203 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after acquiring an additional 800 shares during the period. Claris Financial LLC acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the 4th quarter worth $205,000. Integrated Wealth Concepts LLC boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock worth $310,000 after acquiring an additional 2,307 shares during the period. Osaic Holdings Inc. grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% in the fourth quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after purchasing an additional 1,641 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of 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 worth $368,000 after purchasing an additional 8,064 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Down 0.1%

Goldman Sachs Access High Yield Corporate Bond ETF stock traded down $0.03 during midday trading on Friday, reaching $44.04. 4,822 shares of the stock traded hands, compared to its average volume of 15,632. The firm has a fifty day moving average price of $44.53 and a two-hundred day moving average price of $44.69. Goldman Sachs Access High Yield Corporate Bond ETF has a fifty-two week low of $44.00 and a fifty-two week high of $45.91.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

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.