Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Up 11,477.8% in April

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 1,042 shares, a growth of 11,477.8% from the April 15th total of 9 shares. Based on an average trading volume of 915 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are short sold.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Performance

NYSEARCA:GSIG traded down $0.05 during mid-day trading on Monday, hitting $47.35. 52 shares of the company’s stock traded hands, compared to its average volume of 1,061. The firm’s 50 day simple moving average is $47.46 and its 200 day simple moving average is $47.65. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 1 year low of $46.99 and a 1 year high of $48.11. The company has a market cap of $9.47 million, a PE ratio of 48.32 and a beta of 0.13.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

Several hedge funds have recently added to or reduced their stakes in GSIG. Sanctuary Advisors LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% during the 4th quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after acquiring an additional 219 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter valued at about $432,000. Flow Traders U.S. LLC purchased a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter valued at about $834,000. Finally, Citadel Advisors LLC increased its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the 3rd quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after acquiring an additional 4,664 shares in the last quarter. 77.18% of the stock is currently owned by hedge funds and other institutional investors.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Company Profile

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.