Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Rises By 27.7%

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 8,369 shares, an increase of 27.7% from the January 29th total of 6,552 shares. Based on an average trading volume of 52,981 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 52,981 shares, the days-to-cover ratio is currently 0.2 days.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:GHYB traded up $0.09 during mid-day trading on Wednesday, reaching $45.11. 2,457 shares of the company’s stock were exchanged, compared to its average volume of 30,075. Goldman Sachs Access High Yield Corporate Bond ETF has a twelve month low of $42.16 and a twelve month high of $45.91. The business’s fifty day moving average price is $45.45 and its 200-day moving average price is $45.47.

Goldman Sachs Access High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be given a $0.2187 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Monday, March 2nd.

Hedge Funds Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% in the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $46,000 after acquiring an additional 800 shares during the last quarter. Claris Financial LLC bought a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the 2nd quarter worth approximately $204,000. Global Assets Advisory LLC acquired a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter worth approximately $289,000. Osaic Holdings Inc. boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock valued at $362,000 after purchasing an additional 1,641 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after purchasing an additional 8,064 shares during the last quarter.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.