Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Up 118.3% in April

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 96,857 shares, a growth of 118.3% from the April 15th total of 44,369 shares. Based on an average trading volume of 266,706 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

A number of large investors have recently bought and sold shares of GSST. AlphaCore Capital LLC bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the fourth quarter valued at approximately $33,000. Wagner Wealth Management LLC raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 20.9% during the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock valued at $86,000 after buying an additional 296 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 214,200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock valued at $108,000 after buying an additional 2,142 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 66.1% during the fourth quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock valued at $126,000 after buying an additional 991 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Goldman Sachs Ultra Short Bond ETF during the third quarter valued at approximately $176,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

Shares of BATS GSST opened at $50.49 on Friday. The firm’s 50-day moving average price is $50.49 and its two-hundred day moving average price is $50.55. Goldman Sachs Ultra Short Bond ETF has a 52-week low of $50.29 and a 52-week high of $50.83.

Goldman Sachs Ultra Short Bond ETF Company Profile

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.