Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Sees Large Decrease in Short Interest

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 7,744 shares, a decline of 30.9% from the December 15th total of 11,209 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,817 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 16,817 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA GHYB traded up $0.04 during mid-day trading on Friday, hitting $45.60. 32,727 shares of the stock were exchanged, compared to its average volume of 25,802. 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 stock’s fifty day simple moving average is $45.43 and its two-hundred day simple moving average is $45.42.

Institutional Investors Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in GHYB. Harbour Investments Inc. boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 156.8% in the 2nd quarter. Harbour Investments Inc. now owns 832 shares of the company’s stock valued at $38,000 after buying an additional 508 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after purchasing an additional 800 shares during the last quarter. Claris Financial LLC acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the 2nd quarter valued at about $204,000. Global Assets Advisory LLC bought a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter valued at about $289,000. Finally, Chicago Partners Investment Group LLC boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 12.2% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 7,034 shares of the company’s stock valued at $319,000 after purchasing an additional 765 shares during the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

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.