Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Update

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 50,617 shares, a growth of 415.6% from the June 30th total of 9,818 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 67,904 shares, the days-to-cover ratio is currently 0.7 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Trading Down 0.0%

Shares of Goldman Sachs Access Investment Grade Corporate Bond ETF stock traded down $0.02 on Friday, reaching $44.94. 44,739 shares of the company were exchanged, compared to its average volume of 96,310. Goldman Sachs Access Investment Grade Corporate Bond ETF has a one year low of $44.90 and a one year high of $47.16. The company has a 50-day moving average of $45.62 and a 200 day moving average of $45.98.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Comerica Bank bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF during the first quarter worth $101,000. JPMorgan Chase & Co. grew its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 7.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 43,790 shares of the company’s stock valued at $2,015,000 after acquiring an additional 3,123 shares during the period. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 2nd quarter worth about $4,997,000. Geneos Wealth Management Inc. acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 2nd quarter worth about $28,000. Finally, Osaic Holdings Inc. increased its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 28.8% during the 2nd quarter. Osaic Holdings Inc. now owns 17,115 shares of the company’s stock worth $788,000 after purchasing an additional 3,827 shares during the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

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.