Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Sees Significant Growth in Short Interest

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 600 shares, a growth of 50.0% from the May 15th total of 400 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Performance

Shares of GSIG stock opened at $47.24 on Wednesday. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 52-week low of $46.36 and a 52-week high of $47.83. The stock’s 50-day moving average price is $47.15 and its 200 day moving average price is $47.05.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 11.2% during the 4th quarter. Jane Street Group LLC now owns 48,873 shares of the company’s stock worth $2,287,000 after purchasing an additional 4,927 shares during the period. Citadel Advisors LLC increased its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 10.6% during the 4th quarter. Citadel Advisors LLC now owns 27,425 shares of the company’s stock worth $1,283,000 after purchasing an additional 2,632 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 4,126.7% during the 4th quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock worth $30,000 after purchasing an additional 619 shares during the period.

About Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years.