Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Update

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 19,826 shares, a decline of 38.4% from the May 14th total of 32,194 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 317,782 shares, the days-to-cover ratio is currently 0.1 days.

Goldman Sachs Ultra Short Bond ETF Stock Performance

GSST opened at $50.48 on Monday. Goldman Sachs Ultra Short Bond ETF has a twelve month low of $50.35 and a twelve month high of $50.83. The firm’s 50-day moving average price is $50.49 and its 200 day moving average price is $50.54.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

Institutional investors have recently bought and sold shares of the company. Focus Partners Advisor Solutions LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the third quarter worth about $1,287,000. Brookwood Investment Group LLC purchased a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter worth about $1,008,000. CWM LLC raised its stake in Goldman Sachs Ultra Short Bond ETF by 4.4% during the fourth quarter. CWM LLC now owns 1,242,300 shares of the company’s stock worth $62,699,000 after purchasing an additional 52,499 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in Goldman Sachs Ultra Short Bond ETF during the fourth quarter worth about $12,698,000. Finally, Mainstream Capital Management LLC raised its stake in Goldman Sachs Ultra Short Bond ETF by 264.4% during the fourth quarter. Mainstream Capital Management LLC now owns 126,161 shares of the company’s stock worth $6,367,000 after purchasing an additional 91,541 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.