Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Down 56.7% in August

by · The Cerbat Gem

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB – Get Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 6,378 shares, a decline of 56.7% from the July 30th total of 14,719 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,797 shares, the days-to-cover ratio is presently 0.8 days.

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

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 27.5% in the first quarter. Bank of America Corp DE now owns 94,333 shares of the company’s stock worth $4,205,000 after purchasing an additional 20,352 shares during the last quarter. Sage Rhino Capital LLC bought a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the first quarter valued at about $872,000. PNC Financial Services Group Inc. grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% during the first quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock valued at $174,000 after buying an additional 1,200 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 3.4% during the first quarter. Sanctuary Advisors LLC now owns 34,366 shares of the company’s stock valued at $1,532,000 after buying an additional 1,122 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE increased its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock worth $740,000 after buying an additional 625 shares during the period.

Goldman Sachs Access High Yield Corporate Bond ETF Stock Down 0.2%

GHYB traded down $0.11 during midday trading on Friday, hitting $44.62. The stock had a trading volume of 21,449 shares, compared to its average volume of 16,222. Goldman Sachs Access High Yield Corporate Bond ETF has a 1 year low of $44.01 and a 1 year high of $45.91. The business has a fifty day moving average of $44.61 and a 200 day moving average of $44.77.

Goldman Sachs Access High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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.

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