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

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,794 shares, an increase of 4,385.0% from the December 31st total of 40 shares. Based on an average daily volume of 602 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.9% of the company’s shares are sold short. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 602 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

A number of large investors have recently bought and sold shares of the business. Susquehanna International Group LLP acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the 3rd quarter valued at about $432,000. Hartford Financial Management Inc. increased its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 54.6% in the second quarter. Hartford Financial Management Inc. now owns 74,373 shares of the company’s stock worth $3,539,000 after purchasing an additional 26,269 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the third quarter valued at approximately $834,000. Finally, Citadel Advisors LLC lifted its stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% in the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after buying an additional 4,664 shares during the period. 77.18% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Performance

Shares of NYSEARCA:GSIG traded up $0.02 during trading on Tuesday, reaching $47.76. The stock had a trading volume of 40 shares, compared to its average volume of 1,173. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 52 week low of $46.70 and a 52 week high of $47.98. The firm’s fifty day moving average is $47.72 and its 200 day moving average is $47.71. The stock has a market cap of $9.55 million, a price-to-earnings ratio of 48.73 and a beta of 0.12.

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.