Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Down 66.8% in May

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 32,194 shares, a drop of 66.8% from the April 30th total of 96,857 shares. Based on an average daily volume of 284,511 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Synergy Financial Group LTD lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 2.5% in the fourth quarter. Synergy Financial Group LTD now owns 8,453 shares of the company’s stock valued at $427,000 after buying an additional 210 shares during the last quarter. CWC Advisors LLC. lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 4.0% in the fourth quarter. CWC Advisors LLC. now owns 6,066 shares of the company’s stock valued at $306,000 after buying an additional 235 shares during the last quarter. MML Investors Services LLC lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 1.0% in the fourth quarter. MML Investors Services LLC now owns 24,073 shares of the company’s stock valued at $1,215,000 after buying an additional 240 shares during the last quarter. Vision Retirement LLC lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 5.3% in the first quarter. Vision Retirement LLC now owns 4,949 shares of the company’s stock valued at $250,000 after buying an additional 249 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 3.8% in the fourth quarter. CoreCap Advisors LLC now owns 7,289 shares of the company’s stock valued at $368,000 after buying an additional 265 shares during the last quarter.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

Shares of BATS:GSST traded up $0.02 during trading on Friday, reaching $50.56. The stock had a trading volume of 136,591 shares, compared to its average volume of 283,238. The stock has a fifty day simple moving average of $50.50 and a two-hundred day simple moving average of $50.55. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.29 and a 52 week high of $50.83.

Goldman Sachs Ultra Short Bond ETF Company Profile

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.