Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) Short Interest Up 40.6% in March

Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 390,931 shares, an increase of 40.6% from the March 15th total of 277,946 shares. Based on an average daily trading volume, of 965,317 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are short sold.

Goldman Sachs Access Treasury 0-1 Year ETF Price Performance

GBIL stock opened at $100.05 on Friday. Goldman Sachs Access Treasury 0-1 Year ETF has a one year low of $99.82 and a one year high of $100.26. The firm has a 50 day simple moving average of $100.05 and a two-hundred day simple moving average of $100.06.

Hedge Funds Weigh In On Goldman Sachs Access Treasury 0-1 Year ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GBIL. ACR Alpine Capital Research LLC grew its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 70.2% in the 4th quarter. ACR Alpine Capital Research LLC now owns 8,115,451 shares of the company’s stock worth $811,058,000 after buying an additional 3,346,794 shares in the last quarter. Wealthfront Advisers LLC grew its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 87.9% in the 4th quarter. Wealthfront Advisers LLC now owns 1,319,398 shares of the company’s stock worth $131,861,000 after buying an additional 617,174 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 38.7% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 1,667,225 shares of the company’s stock worth $166,622,000 after buying an additional 464,863 shares in the last quarter. Betterment LLC grew its stake in Goldman Sachs Access Treasury 0-1 Year ETF by 4.0% in the 4th quarter. Betterment LLC now owns 5,862,171 shares of the company’s stock worth $585,865,000 after buying an additional 222,981 shares in the last quarter. Finally, Waterway Wealth Management LLC purchased a new position in Goldman Sachs Access Treasury 0-1 Year ETF in the 3rd quarter worth approximately $20,948,000.

About Goldman Sachs Access Treasury 0-1 Year ETF

The Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury securities with less than one year remaining in maturity. GBIL was launched on Sep 6, 2016 and is managed by Goldman Sachs.