Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Down 68.9% in May

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 14,177 shares, a decrease of 68.9% from the April 30th total of 45,521 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 113,834 shares, the days-to-cover ratio is presently 0.1 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA GIGB traded up $0.04 on Friday, hitting $45.98. The stock had a trading volume of 237,799 shares, compared to its average volume of 108,553. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 52-week low of $45.02 and a 52-week high of $47.16. The firm has a 50-day moving average of $45.80 and a 200-day moving average of $46.21.

Institutional Trading of Goldman Sachs Access Investment Grade Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC raised its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the 4th quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock valued at $283,000 after buying an additional 221 shares in the last quarter. Note Advisors LLC raised its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 1.8% during the 4th quarter. Note Advisors LLC now owns 17,523 shares of the company’s stock valued at $813,000 after buying an additional 317 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,871 shares of the company’s stock valued at $414,000 after purchasing an additional 319 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.7% during the 4th quarter. Private Trust Co. NA now owns 12,410 shares of the company’s stock valued at $574,000 after purchasing an additional 327 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 8.7% during the 4th quarter. Ausdal Financial Partners Inc. now owns 5,226 shares of the company’s stock valued at $242,000 after purchasing an additional 420 shares during the last quarter.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.