Short Interest in Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) Decreases By 83.5%

Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 51 shares, a decrease of 83.5% from the April 30th total of 309 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Goldman Sachs Community Municipal Bond ETF

An institutional investor recently raised its position in Goldman Sachs Community Municipal Bond ETF stock. Goldman Sachs Group Inc. boosted its position in Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) by 0.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 160,433 shares of the company’s stock after acquiring an additional 1,328 shares during the quarter. Goldman Sachs Group Inc. owned 80.22% of Goldman Sachs Community Municipal Bond ETF worth $7,885,000 at the end of the most recent quarter.

Goldman Sachs Community Municipal Bond ETF Price Performance

Shares of GMUN opened at $50.28 on Thursday. Goldman Sachs Community Municipal Bond ETF has a 1 year low of $48.92 and a 1 year high of $51.53. The company’s 50-day simple moving average is $50.29 and its 200-day simple moving average is $50.67.

Goldman Sachs Community Municipal Bond ETF Company Profile

The Goldman Sachs Community Municipal Bond ETF (GMUN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of intermediate-term, investment grade US municipal bonds that target education, healthcare, clean water, and other community-related initiatives. GMUN was launched on Mar 7, 2023 and is managed by Goldman Sachs.