Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Up 107.3% in January

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 43,752 shares, a growth of 107.3% from the December 31st total of 21,107 shares. Based on an average trading volume of 108,566 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 108,566 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of GIGB. UBS Group AG increased its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 5.7% in the 4th quarter. UBS Group AG now owns 87,136 shares of the company’s stock valued at $4,030,000 after acquiring an additional 4,730 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 3.7% in the fourth quarter. Sanctuary Advisors LLC now owns 6,119 shares of the company’s stock worth $283,000 after purchasing an additional 221 shares during the period. White Pine Investment CO increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 0.9% in the fourth quarter. White Pine Investment CO now owns 186,351 shares of the company’s stock valued at $8,619,000 after purchasing an additional 1,596 shares in the last quarter. Private Trust Co. NA increased its stake in Goldman Sachs Access Investment Grade Corporate Bond ETF by 2.7% in the fourth quarter. Private Trust Co. NA now owns 12,410 shares of the company’s stock valued at $574,000 after purchasing an additional 327 shares in the last quarter. Finally, Sowell Financial Services LLC raised its holdings in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 144.8% during the fourth quarter. Sowell Financial Services LLC now owns 51,172 shares of the company’s stock valued at $2,367,000 after purchasing an additional 30,269 shares during the period.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

GIGB stock opened at $46.42 on Friday. The company’s fifty day simple moving average is $46.46 and its 200 day simple moving average is $46.42. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 12-month low of $43.96 and a 12-month high of $47.16.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.