Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Sees Significant Growth in Short Interest

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 189,795 shares, an increase of 101.6% from the June 15th total of 94,166 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 257,806 shares, the short-interest ratio is presently 0.7 days.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

GSST opened at $50.48 on Thursday. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.35 and a 52-week high of $50.83. The company has a 50 day moving average of $50.48 and a two-hundred day moving average of $50.52.

Institutional Trading of Goldman Sachs Ultra Short Bond ETF

Several large investors have recently added to or reduced their stakes in GSST. Synergy Financial Group LTD lifted its position in shares of Goldman Sachs Ultra Short Bond ETF by 2.5% during the fourth quarter. Synergy Financial Group LTD now owns 8,453 shares of the company’s stock worth $427,000 after purchasing an additional 210 shares in the last quarter. CWC Advisors LLC. boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF by 4.0% in the fourth quarter. CWC Advisors LLC. now owns 6,066 shares of the company’s stock valued at $306,000 after purchasing an additional 235 shares during the period. MML Investors Services LLC grew its holdings in Goldman Sachs Ultra Short Bond ETF by 1.0% during the 4th quarter. MML Investors Services LLC now owns 24,073 shares of the company’s stock valued at $1,215,000 after purchasing an additional 240 shares in the last quarter. Vision Retirement LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 5.3% during the 1st quarter. Vision Retirement LLC now owns 4,949 shares of the company’s stock worth $250,000 after buying an additional 249 shares during the period. Finally, CoreCap Advisors LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 3.8% during the 4th quarter. CoreCap Advisors LLC now owns 7,289 shares of the company’s stock worth $368,000 after buying an additional 265 shares during the period.

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.