Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Sees Large Drop in Short Interest

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 382 shares, a drop of 46.6% from the January 29th total of 715 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,050 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 1,050 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth about $834,000. Susquehanna International Group LLP acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth approximately $432,000. Citadel Advisors LLC increased its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock worth $952,000 after buying an additional 4,664 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% in the fourth quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after buying an additional 219 shares during the last quarter. Institutional investors and hedge funds own 77.18% of the company’s stock.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Trading Up 0.1%

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $47.96. The company had a trading volume of 9 shares, compared to its average volume of 1,377. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 12-month low of $46.70 and a 12-month high of $48.11. The company has a market capitalization of $9.59 million, a price-to-earnings ratio of 48.94 and a beta of 0.12. The company’s fifty day moving average is $47.76 and its 200-day moving average is $47.76.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a $0.1708 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s dividend payout ratio is currently 223.47%.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Company Profile

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.