Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Sees Significant Decrease in Short Interest

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 533 shares, a decline of 91.7% from the September 15th total of 6,442 shares. Based on an average trading volume of 6,895 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Goldman Sachs Access High Yield Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock worth $174,000 after purchasing an additional 1,200 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% in the second quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock valued at $310,000 after buying an additional 2,307 shares in the last quarter. Smithbridge Asset Management Inc. DE boosted its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock valued at $740,000 after buying an additional 625 shares in the last quarter. Atwood & Palmer Inc. acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the third quarter worth $782,000. Finally, Sage Rhino Capital LLC purchased a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the first quarter worth $872,000.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Up 0.2%

NYSEARCA:GHYB traded up $0.09 during trading hours on Friday, reaching $43.22. 7,243 shares of the company’s stock were exchanged, compared to its average volume of 15,104. The company has a 50-day moving average of $44.12 and a 200 day moving average of $44.50. Goldman Sachs Access High Yield Corporate Bond ETF has a 1-year low of $42.77 and a 1-year high of $45.87.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.