Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Increases By 207.7%

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 12,000 shares, a growth of 207.7% from the August 31st total of 3,900 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 1.4 days.

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

Hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. raised its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 211,281 shares of the company’s stock worth $9,411,000 after purchasing an additional 8,334 shares during the period. Bank of America Corp DE increased its position in Goldman Sachs Access High Yield Corporate Bond ETF by 4.4% in the fourth quarter. Bank of America Corp DE now owns 13,280 shares of the company’s stock worth $590,000 after buying an additional 564 shares in the last quarter. LPL Financial LLC raised its stake 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 buying an additional 24,959 shares during the period. Atria Wealth Solutions Inc. lifted its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 1.7% during the 1st quarter. Atria Wealth Solutions Inc. now owns 63,084 shares of the company’s stock valued at $2,810,000 after buying an additional 1,026 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 20.7% during the 1st quarter. Avidian Wealth Enterprises LLC now owns 7,248 shares of the company’s stock valued at $323,000 after acquiring an additional 1,241 shares during the period.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

GHYB opened at $45.59 on Friday. Goldman Sachs Access High Yield Corporate Bond ETF has a 12-month low of $42.16 and a 12-month high of $45.91. The company’s 50 day moving average is $45.49 and its 200 day moving average is $44.86.

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.