Short Interest in Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Decreases By 32.5%

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 62,207 shares, a decline of 32.5% from the August 15th total of 92,189 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 230,779 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

Several institutional investors have recently added to or reduced their stakes in GSST. Vision Retirement LLC increased its stake in shares of Goldman Sachs Ultra Short Bond ETF by 5.3% in the first 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 last quarter. Integrity Alliance LLC. boosted its stake in Goldman Sachs Ultra Short Bond ETF by 2.3% during the 4th quarter. Integrity Alliance LLC. now owns 19,111 shares of the company’s stock valued at $965,000 after acquiring an additional 429 shares during the last quarter. Cetera Investment Advisers grew its holdings in Goldman Sachs Ultra Short Bond ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 18,096 shares of the company’s stock worth $915,000 after acquiring an additional 507 shares in the last quarter. AlphaCore Capital LLC acquired a new position in Goldman Sachs Ultra Short Bond ETF during the 4th quarter worth $33,000. Finally, Trademark Financial Management LLC grew its holdings in Goldman Sachs Ultra Short Bond ETF by 19.0% during the 1st quarter. Trademark Financial Management LLC now owns 4,845 shares of the company’s stock worth $245,000 after acquiring an additional 773 shares in the last quarter.

Goldman Sachs Ultra Short Bond ETF Stock Performance

Shares of BATS GSST opened at $50.43 on Friday. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.83. The firm’s 50 day moving average price is $50.48 and its 200 day moving average price is $50.49.

About Goldman Sachs Ultra Short Bond ETF

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.