Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) Stock Short Interest Report for September

Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 84,146 shares, an increase of 1,146.6% from the September 15th total of 6,750 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 89,573 shares, the short-interest ratio is presently 0.9 days.

Goldman Sachs Dynamic California Municipal Income ETF Trading Up 0.2%

Shares of GCAL stock traded up $0.11 during trading hours on Friday, hitting $48.47. The stock had a trading volume of 43,669 shares, compared to its average volume of 26,531. Goldman Sachs Dynamic California Municipal Income ETF has a one year low of $48.00 and a one year high of $52.09. The stock’s 50-day moving average price is $49.71 and its two-hundred day moving average price is $50.45.

Institutional Trading of Goldman Sachs Dynamic California Municipal Income ETF

Several hedge funds have recently modified their holdings of the company. Weaver Consulting Group raised its stake in Goldman Sachs Dynamic California Municipal Income ETF by 23.1% during the third quarter. Weaver Consulting Group now owns 59,282 shares of the company’s stock valued at $2,875,000 after purchasing an additional 11,136 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 2nd quarter worth $510,000. Envestnet Asset Management Inc. purchased a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 2nd quarter worth $1,149,000. Sprinkle Financial Consultants LLC grew its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 336.1% in the 3rd quarter. Sprinkle Financial Consultants LLC now owns 26,549 shares of the company’s stock worth $1,288,000 after buying an additional 20,461 shares in the last quarter. Finally, First American Trust FSB increased its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 108.7% in the 4th quarter. First American Trust FSB now owns 106,883 shares of the company’s stock worth $5,441,000 after buying an additional 55,659 shares during the last quarter.

About Goldman Sachs Dynamic California Municipal Income ETF

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.