Goldman Sachs Ultra Short Municipal Income ETF (NYSEARCA:GUMI) Short Interest Update

Goldman Sachs Ultra Short Municipal Income ETF (NYSEARCA:GUMI) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,104 shares, an increase of 143.1% from the April 30th total of 1,688 shares. Based on an average daily volume of 16,490 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the company’s stock are sold short.

Goldman Sachs Ultra Short Municipal Income ETF Stock Down 0.0%

GUMI stock traded down $0.02 during trading on Friday, reaching $50.34. The company had a trading volume of 11,552 shares, compared to its average volume of 10,744. Goldman Sachs Ultra Short Municipal Income ETF has a twelve month low of $50.07 and a twelve month high of $51.00. The firm has a 50-day simple moving average of $50.34 and a 200-day simple moving average of $50.34.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Capital Investment Advisory Services LLC purchased a new stake in shares of Goldman Sachs Ultra Short Municipal Income ETF during the 4th quarter worth about $82,000. Keebeck Wealth Management purchased a new position in Goldman Sachs Ultra Short Municipal Income ETF during the first quarter worth approximately $200,000. Citadel Advisors LLC grew its holdings in Goldman Sachs Ultra Short Municipal Income ETF by 5.8% in the third quarter. Citadel Advisors LLC now owns 5,260 shares of the company’s stock valued at $265,000 after purchasing an additional 289 shares during the period. Sfmg LLC acquired a new stake in Goldman Sachs Ultra Short Municipal Income ETF in the fourth quarter valued at approximately $748,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Goldman Sachs Ultra Short Municipal Income ETF in the fourth quarter valued at approximately $1,044,000.

Goldman Sachs Ultra Short Municipal Income ETF Company Profile

The Goldman Sachs Ultra Short Municipal Income ETF (GUMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to maintain an average portfolio duration of .5 years (about 6 months) GUMI was launched on Jul 23, 2024 and is issued by Goldman Sachs.