Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Short Interest Update

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 6,392 shares, an increase of 125.5% from the May 14th total of 2,835 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 4,388 shares, the short-interest ratio is presently 1.5 days.

Goldman Sachs Access Emerging Markets USD Bond ETF Stock Up 0.1%

GEMD opened at $42.39 on Friday. The business’s fifty day simple moving average is $42.08 and its 200 day simple moving average is $42.32. Goldman Sachs Access Emerging Markets USD Bond ETF has a 52 week low of $40.35 and a 52 week high of $43.26.

Hedge Funds Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in Goldman Sachs Access Emerging Markets USD Bond ETF by 58.8% in the 4th quarter. Jane Street Group LLC now owns 41,677 shares of the company’s stock valued at $1,769,000 after acquiring an additional 15,436 shares in the last quarter. Betterment LLC raised its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 2.8% in the 4th quarter. Betterment LLC now owns 601,446 shares of the company’s stock worth $25,531,000 after buying an additional 16,597 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% in the 1st quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock worth $342,000 after buying an additional 990 shares in the last quarter.

About Goldman Sachs Access Emerging Markets USD Bond ETF

The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation. GEMD was launched on Feb 15, 2022 and is managed by Goldman Sachs.