Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Down 50.3% in July

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 101,270 shares, a drop of 50.3% from the July 15th total of 203,674 shares. Based on an average daily volume of 193,693 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are sold short.

Goldman Sachs Ultra Short Bond ETF Price Performance

GSST stock opened at $50.51 on Friday. The company’s 50-day moving average price is $50.48 and its 200 day moving average price is $50.51. Goldman Sachs Ultra Short Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.83.

Institutional Investors Weigh In On Goldman Sachs Ultra Short Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. AlphaCore Capital LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF in the 4th quarter valued at approximately $33,000. Graney & King LLC acquired a new stake in Goldman Sachs Ultra Short Bond ETF in the first quarter valued at $82,000. Wagner Wealth Management LLC increased its position in shares of Goldman Sachs Ultra Short Bond ETF by 20.9% in the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock valued at $86,000 after buying an additional 296 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Goldman Sachs Ultra Short Bond ETF by 214,200.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock worth $108,000 after buying an additional 2,142 shares during the last quarter. Finally, Private Trust Co. NA raised its position in Goldman Sachs Ultra Short Bond ETF by 66.1% during the fourth quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock worth $126,000 after acquiring an additional 991 shares during the last quarter.

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.