Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Update

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 45,521 shares, a growth of 350.8% from the April 15th total of 10,098 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 171,862 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in GIGB. Geneos Wealth Management Inc. purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the second quarter valued at approximately $28,000. Hantz Financial Services Inc. acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the fourth quarter valued at $30,000. Parallel Advisors LLC raised its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,307.3% in the first quarter. Parallel Advisors LLC now owns 1,807 shares of the company’s stock valued at $83,000 after acquiring an additional 1,766 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at $100,000. Finally, Comerica Bank acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at $101,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.3%

GIGB opened at $45.69 on Wednesday. The firm’s 50 day moving average is $45.92 and its 200-day moving average is $46.31. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 52-week low of $44.66 and a 52-week high of $47.16.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.