Short Interest in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Rises By 31.7%

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 503 shares, a growth of 31.7% from the February 12th total of 382 shares. Based on an average daily volume of 2,538 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 2,538 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% during the fourth quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after acquiring an additional 219 shares during the period. Citadel Advisors LLC grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% in the 3rd quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock worth $952,000 after purchasing an additional 4,664 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the 3rd quarter worth about $432,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the 3rd quarter worth about $834,000. 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 Down 0.1%

GSIG traded down $0.04 during midday trading on Friday, reaching $47.29. 9 shares of the company’s stock were exchanged, compared to its average volume of 1,214. The business has a 50-day simple moving average of $47.72 and a two-hundred day simple moving average of $47.76. The firm has a market capitalization of $9.46 million, a price-to-earnings ratio of 48.26 and a beta of 0.12. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a one year low of $46.70 and a one year high of $48.11.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.1326 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s payout ratio is currently 217.35%.

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.