Short Interest in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Drops By 65.8%

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 21,107 shares, a decline of 65.8% from the December 15th total of 61,635 shares. Based on an average trading volume of 57,842 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 57,842 shares, the days-to-cover ratio is presently 0.4 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

GIGB stock opened at $46.35 on Tuesday. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1-year low of $43.96 and a 1-year high of $47.16. The business’s 50 day simple moving average is $46.44 and its 200 day simple moving average is $46.35.

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

Several large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 2nd quarter worth about $28,000. Private Trust Co. NA raised its holdings in Goldman Sachs Access Investment Grade Corporate Bond ETF by 175.3% in the 2nd quarter. Private Trust Co. NA now owns 1,346 shares of the company’s stock valued at $62,000 after acquiring an additional 857 shares during the period. Comerica Bank bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF in the 1st quarter valued at about $101,000. Ausdal Financial Partners Inc. acquired a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF during the third quarter worth approximately $224,000. Finally, 17 Capital Partners LLC bought a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the second quarter worth approximately $243,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

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.