Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) Short Interest Up 4,385.0% in January

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (NYSEARCA:GSIG) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,794 shares, a growth of 4,385.0% from the December 31st total of 40 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 602 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily volume of 602 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.9% of the shares of the company are short sold.

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF Stock Performance

Shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF stock opened at $47.76 on Thursday. Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF has a 12-month low of $46.70 and a 12-month high of $47.98. The firm has a market capitalization of $9.55 million, a price-to-earnings ratio of 48.73 and a beta of 0.12. The firm’s 50 day simple moving average is $47.73 and its two-hundred day simple moving average is $47.71.

Hedge Funds Weigh In On Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hartford Financial Management Inc. lifted its position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 54.6% during the 2nd quarter. Hartford Financial Management Inc. now owns 74,373 shares of the company’s stock worth $3,539,000 after acquiring an additional 26,269 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF by 30.6% during the third quarter. Citadel Advisors LLC now owns 19,890 shares of the company’s stock worth $952,000 after purchasing an additional 4,664 shares during the period. Flow Traders U.S. LLC purchased a new stake in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the third quarter valued at approximately $834,000. Finally, Susquehanna International Group LLP acquired a new position in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF in the 3rd quarter worth approximately $432,000. Hedge funds and other institutional investors own 77.18% of the company’s stock.

About Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

The Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an market-value weighted index of fundamentally-selected US investment-grade corporate bonds, maturing between one to five years. GSIG was launched on Jul 7, 2020 and is managed by Goldman Sachs.