Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Up 375.0% in June

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 94,166 shares, an increase of 375.0% from the May 31st total of 19,826 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 217,842 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Goldman Sachs Ultra Short Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in GSST. Morgan Stanley lifted its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 16.1% during the fourth quarter. Morgan Stanley now owns 2,385,447 shares of the company’s stock worth $120,394,000 after purchasing an additional 331,513 shares during the period. LPL Financial LLC increased its holdings in Goldman Sachs Ultra Short Bond ETF by 29.8% in the fourth quarter. LPL Financial LLC now owns 1,358,155 shares of the company’s stock valued at $68,546,000 after purchasing an additional 311,469 shares during the period. CWM LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 4.4% during the 4th quarter. CWM LLC now owns 1,242,300 shares of the company’s stock worth $62,699,000 after purchasing an additional 52,499 shares during the last quarter. Kensington Asset Management LLC raised its position in Goldman Sachs Ultra Short Bond ETF by 15.6% during the 1st quarter. Kensington Asset Management LLC now owns 819,238 shares of the company’s stock worth $41,412,000 after purchasing an additional 110,264 shares during the last quarter. Finally, Amplius Wealth Advisors LLC lifted its holdings in Goldman Sachs Ultra Short Bond ETF by 0.5% during the 4th quarter. Amplius Wealth Advisors LLC now owns 787,192 shares of the company’s stock worth $39,730,000 after buying an additional 3,758 shares during the period.

Goldman Sachs Ultra Short Bond ETF Price Performance

Goldman Sachs Ultra Short Bond ETF stock opened at $50.56 on Monday. The business has a 50 day moving average of $50.50 and a 200-day moving average of $50.54. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.35 and a 1 year high of $50.83.

Goldman Sachs Ultra Short Bond ETF Company Profile

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.