Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Sees Large Growth in Short Interest

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,471 shares, an increase of 176.0% from the September 30th total of 533 shares. Based on an average daily volume of 28,487 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GHYB. PNC Financial Services Group Inc. lifted its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock worth $174,000 after purchasing an additional 1,200 shares in the last quarter. Smithbridge Asset Management Inc. DE bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the third quarter valued at approximately $249,000. Integrated Wealth Concepts LLC grew its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock worth $310,000 after buying an additional 2,307 shares during the last quarter. Atwood & Palmer Inc. bought a new stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter worth $782,000. Finally, Sage Rhino Capital LLC bought a new stake in Goldman Sachs Access High Yield Corporate Bond ETF during the first quarter valued at approximately $872,000.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Performance

Goldman Sachs Access High Yield Corporate Bond ETF stock traded up $0.01 during midday trading on Friday, hitting $43.37. 24,503 shares of the company were exchanged, compared to its average volume of 15,600. Goldman Sachs Access High Yield Corporate Bond ETF has a fifty-two week low of $42.77 and a fifty-two week high of $45.72. The company’s fifty day moving average price is $43.74 and its 200-day moving average price is $44.58.

About Goldman Sachs Access High Yield Corporate Bond ETF

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.