Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Short Interest Up 87.2% in August

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 91,134 shares, an increase of 87.2% from the July 30th total of 48,681 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 546,789 shares, the days-to-cover ratio is presently 0.2 days.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

Shares of GBIL stock opened at $100.16 on Tuesday. The stock’s 50-day simple moving average is $100.04 and its 200-day simple moving average is $100.05. Goldman Sachs Access Treasury 0-1 Year ETF has a fifty-two week low of $99.85 and a fifty-two week high of $100.26.

Hedge Funds Weigh In On Goldman Sachs Access Treasury 0-1 Year ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ACR Alpine Capital Research LLC lifted its position in Goldman Sachs Access Treasury 0-1 Year ETF by 37.2% during the first quarter. ACR Alpine Capital Research LLC now owns 11,133,728 shares of the company’s stock valued at $1,115,488,000 after purchasing an additional 3,018,277 shares during the period. Betterment LLC lifted its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 4.0% in the 4th quarter. Betterment LLC now owns 5,862,171 shares of the company’s stock valued at $585,865,000 after buying an additional 222,981 shares during the period. Bank of America Corp DE lifted its holdings in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 17.4% in the 1st quarter. Bank of America Corp DE now owns 2,552,193 shares of the company’s stock valued at $255,704,000 after buying an additional 377,406 shares during the period. LPL Financial LLC boosted its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 7.7% in the fourth quarter. LPL Financial LLC now owns 1,726,922 shares of the company’s stock worth $172,589,000 after buying an additional 123,767 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Goldman Sachs Access Treasury 0-1 Year ETF by 1.5% in the first quarter. Royal Bank of Canada now owns 1,343,187 shares of the company’s stock worth $134,573,000 after buying an additional 20,011 shares during the last quarter.

About Goldman Sachs Access Treasury 0-1 Year ETF

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.