Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Up 68.6% in February

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 14,114 shares, a growth of 68.6% from the February 12th total of 8,369 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 13,522 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 13,522 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

Shares of GHYB opened at $44.36 on Friday. The firm has a fifty day moving average of $45.35 and a 200-day moving average of $45.44. Goldman Sachs Access High Yield Corporate Bond ETF has a 1 year low of $42.16 and a 1 year high of $45.91.

Goldman Sachs Access High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a $0.2187 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.9%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GHYB. PNC Financial Services Group Inc. raised its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after buying an additional 800 shares during the last quarter. Claris Financial LLC acquired a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the second quarter worth approximately $204,000. Global Assets Advisory LLC bought a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter worth approximately $289,000. Osaic Holdings Inc. grew its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after buying an additional 1,641 shares in the last quarter. Finally, JPMorgan Chase & Co. increased 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 acquiring an additional 8,064 shares during the period.

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.