Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Short Interest Update

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 13,373 shares, a decrease of 57.2% from the April 30th total of 31,279 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 26,174 shares, the short-interest ratio is currently 0.5 days.

Goldman Sachs Municipal Income ETF Stock Up 0.2%

Shares of GMUB stock traded up $0.09 during trading hours on Friday, hitting $51.30. The company’s stock had a trading volume of 20,097 shares, compared to its average volume of 51,746. The company has a 50 day moving average of $51.13 and a 200 day moving average of $51.29. Goldman Sachs Municipal Income ETF has a 12-month low of $48.95 and a 12-month high of $52.23.

Institutional Trading of Goldman Sachs Municipal Income ETF

Large investors have recently made changes to their positions in the business. GGM Financials LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF in the 4th quarter valued at $101,000. Signaturefd LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF in the 4th quarter valued at $136,000. Gateway Wealth Partners LLC acquired a new position in shares of Goldman Sachs Municipal Income ETF in the 1st quarter valued at $201,000. Miller Capital Partners Inc. acquired a new position in shares of Goldman Sachs Municipal Income ETF in the 4th quarter valued at $305,000. Finally, WNY Asset Management LLC acquired a new position in shares of Goldman Sachs Municipal Income ETF in the 1st quarter valued at $343,000.

About Goldman Sachs Municipal Income ETF

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.