Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) Short Interest Down 83.5% in May

Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 51 shares, a decline of 83.5% from the April 30th total of 309 shares. Based on an average trading volume of 1,724 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Goldman Sachs Community Municipal Bond ETF Trading Up 0.0%

Shares of NYSEARCA GMUN traded up $0.02 during trading on Friday, reaching $49.94. The company had a trading volume of 1,378 shares, compared to its average volume of 2,217. Goldman Sachs Community Municipal Bond ETF has a 52 week low of $48.92 and a 52 week high of $51.53. The business’s 50 day moving average price is $50.26 and its 200-day moving average price is $50.66.

Institutional Investors Weigh In On Goldman Sachs Community Municipal Bond ETF

A hedge fund recently raised its stake in Goldman Sachs Community Municipal Bond ETF stock. Goldman Sachs Group Inc. lifted its holdings in shares of Goldman Sachs Community Municipal Bond ETF (NYSEARCA:GMUN) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,433 shares of the company’s stock after buying an additional 1,328 shares during the quarter. Goldman Sachs Group Inc. owned about 80.22% of Goldman Sachs Community Municipal Bond ETF worth $7,885,000 at the end of the most recent quarter.

About Goldman Sachs Community Municipal Bond ETF

The Goldman Sachs Community Municipal Bond ETF (GMUN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of intermediate-term, investment grade US municipal bonds that target education, healthcare, clean water, and other community-related initiatives. GMUN was launched on Mar 7, 2023 and is managed by Goldman Sachs.