Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) Short Interest Up 78.1% in June

Goldman Sachs Access Inflation Protected USD Bond ETF (BATS:GTIP) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 45,135 shares, an increase of 78.1% from the June 15th total of 25,342 shares. Based on an average trading volume of 27,560 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.4% of the shares of the company are sold short.

Goldman Sachs Access Inflation Protected USD Bond ETF Stock Performance

Goldman Sachs Access Inflation Protected USD Bond ETF stock opened at $48.22 on Friday. The company has a 50-day simple moving average of $48.84 and a 200-day simple moving average of $49.29. Goldman Sachs Access Inflation Protected USD Bond ETF has a one year low of $48.03 and a one year high of $50.32.

Hedge Funds Weigh In On Goldman Sachs Access Inflation Protected USD Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC bought a new position in shares of Goldman Sachs Access Inflation Protected USD Bond ETF in the first quarter valued at approximately $34,000. Cornerstone Planning Group LLC bought a new stake in shares of Goldman Sachs Access Inflation Protected USD Bond ETF during the 1st quarter worth $43,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Goldman Sachs Access Inflation Protected USD Bond ETF by 46.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 927 shares of the company’s stock worth $46,000 after buying an additional 294 shares during the period. Global Retirement Partners LLC grew its stake in Goldman Sachs Access Inflation Protected USD Bond ETF by 7.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,406 shares of the company’s stock valued at $167,000 after buying an additional 237 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Goldman Sachs Access Inflation Protected USD Bond ETF in the 4th quarter valued at $200,000.

About Goldman Sachs Access Inflation Protected USD Bond ETF

The Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of off-the-run US Treasury inflation-protected securities with at least one year remaining in maturity. GTIP was launched on Oct 2, 2018 and is managed by Goldman Sachs.