Short Interest in Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Rises By 44.3%

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 11,178 shares, an increase of 44.3% from the December 31st total of 7,744 shares. Based on an average daily volume of 25,163 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 25,163 shares, the short-interest ratio is presently 0.4 days.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Down 0.5%

Shares of GHYB stock opened at $45.36 on Tuesday. 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 business’s 50 day moving average is $45.50 and its two-hundred day moving average is $45.46.

Goldman Sachs Access High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.258 per share. This is a positive change from Goldman Sachs Access High Yield Corporate Bond ETF’s previous monthly dividend of $0.25. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbour Investments Inc. lifted its holdings in Goldman Sachs Access High Yield Corporate Bond ETF by 156.8% during the second quarter. Harbour Investments Inc. now owns 832 shares of the company’s stock valued at $38,000 after purchasing an additional 508 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after purchasing an additional 800 shares during the last quarter. Claris Financial LLC purchased a new position in Goldman Sachs Access High Yield Corporate Bond ETF in the 2nd quarter valued at about $204,000. Global Assets Advisory LLC acquired a new stake in Goldman Sachs Access High Yield Corporate Bond ETF in the 3rd quarter worth about $289,000. Finally, Chicago Partners Investment Group LLC increased its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 12.2% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 7,034 shares of the company’s stock worth $319,000 after buying an additional 765 shares in the last quarter.

About Goldman Sachs Access High Yield Corporate Bond ETF

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.