Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Update

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 7,277 shares, a drop of 37.2% from the April 30th total of 11,584 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 12,693 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 3.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 407,397 shares of the company’s stock valued at $18,147,000 after purchasing an additional 12,785 shares in the last quarter. Jane Street Group LLC boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 30.9% in the 1st quarter. Jane Street Group LLC now owns 34,692 shares of the company’s stock valued at $1,545,000 after buying an additional 8,196 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after buying an additional 8,064 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.5% during the second quarter. NewEdge Advisors LLC now owns 103,103 shares of the company’s stock valued at $4,678,000 after acquiring an additional 4,473 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 48.1% during the second quarter. Bank of America Corp DE now owns 19,136 shares of the company’s stock valued at $868,000 after acquiring an additional 6,217 shares in the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Performance

NYSEARCA GHYB opened at $44.65 on Thursday. Goldman Sachs Access High Yield Corporate Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $45.91. The business has a 50 day moving average price of $44.76 and a two-hundred day moving average price of $45.12.

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.