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

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,100 shares, agrowthof208.7% from the June 30th total of 2,300 shares. Based on an average daily trading volume, of 27,600 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 27,600 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of large investors have recently made changes to their positions in GHYB. Goldman Sachs Group Inc. raised its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 3.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 407,397 shares of the company’s stock valued at $18,147,000 after buying an additional 12,785 shares during the last quarter. LPL Financial LLC raised its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 8.2% in the first quarter. LPL Financial LLC now owns 328,205 shares of the company’s stock worth $14,619,000 after acquiring an additional 24,959 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.1% in the first quarter. Envestnet Asset Management Inc. now owns 211,281 shares of the company’s stock worth $9,411,000 after acquiring an additional 8,334 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 4th quarter worth about $7,431,000. Finally, NewEdge Advisors LLC raised its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 8.7% during the 1st quarter. NewEdge Advisors LLC now owns 98,630 shares of the company’s stock worth $4,393,000 after purchasing an additional 7,924 shares during the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

Shares of GHYB opened at $45.13 on Wednesday. Goldman Sachs Access High Yield Corporate Bond ETF has a 1-year low of $42.16 and a 1-year high of $45.70. The company’s fifty day moving average price is $45.01 and its 200-day moving average price is $44.68.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

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.