Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Down 60.1% in January

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 715 shares, a drop of 60.1% from the January 15th total of 1,794 shares. Based on an average trading volume of 1,481 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 1,481 shares, the days-to-cover ratio is presently 0.5 days.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Up 0.2%

Shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF stock traded up $0.08 during mid-day trading on Friday, reaching $47.87. 117 shares of the stock traded hands, compared to its average volume of 1,031. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a fifty-two week low of $46.70 and a fifty-two week high of $47.98. The stock has a market capitalization of $9.57 million, a PE ratio of 48.85 and a beta of 0.12. The business has a 50-day moving average of $47.72 and a 200 day moving average of $47.74.

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

The business also recently announced a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1708 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, February 2nd. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF’s payout ratio is currently 223.47%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC raised its stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 3.2% in the fourth quarter. Sanctuary Advisors LLC now owns 7,009 shares of the company’s stock valued at $334,000 after buying an additional 219 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth approximately $432,000. Flow Traders U.S. LLC purchased a new stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF during the third quarter worth approximately $834,000. Citadel Advisors LLC boosted its holdings in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% in the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock valued at $952,000 after purchasing an additional 4,664 shares in the last quarter. Finally, Hartford Financial Management Inc. increased its stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 54.6% in the second quarter. Hartford Financial Management Inc. now owns 74,373 shares of the company’s stock valued at $3,539,000 after purchasing an additional 26,269 shares during the last quarter. 77.18% of the stock is currently owned by hedge funds and other institutional investors.

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

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.