Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Sees Large Decrease in Short Interest

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 68,004 shares, a decline of 59.2% from the May 14th total of 166,732 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 664,289 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GBIL. Blue Trust Inc. lifted its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 1.2% in the fourth quarter. Blue Trust Inc. now owns 8,608 shares of the company’s stock valued at $860,000 after buying an additional 100 shares during the period. Cape Investment Advisory Inc. boosted its position in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 22.1% in the 3rd quarter. Cape Investment Advisory Inc. now owns 558 shares of the company’s stock worth $56,000 after purchasing an additional 101 shares during the last quarter. Savvy Advisors Inc. grew its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 2.6% during the fourth quarter. Savvy Advisors Inc. now owns 4,120 shares of the company’s stock worth $412,000 after purchasing an additional 105 shares during the period. Synovus Financial Corp grew its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 1.8% during the third quarter. Synovus Financial Corp now owns 6,415 shares of the company’s stock worth $643,000 after purchasing an additional 112 shares during the period. Finally, Tradition Wealth Management LLC increased its holdings in Goldman Sachs Access Treasury 0-1 Year ETF by 2.3% in the fourth quarter. Tradition Wealth Management LLC now owns 5,114 shares of the company’s stock valued at $511,000 after purchasing an additional 114 shares during the last quarter.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

Goldman Sachs Access Treasury 0-1 Year ETF stock traded up $0.02 during mid-day trading on Friday, hitting $100.02. The stock had a trading volume of 790,143 shares, compared to its average volume of 883,189. The stock has a 50-day simple moving average of $100.04 and a two-hundred day simple moving average of $100.06. Goldman Sachs Access Treasury 0-1 Year ETF has a 12 month low of $99.82 and a 12 month high of $100.26.

Goldman Sachs Access Treasury 0-1 Year ETF Company Profile

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.