Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Short Interest Down 62.2% in June

by · The Markets Daily

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 9,818 shares, a drop of 62.2% from the June 15th total of 26,000 shares. Based on an average daily volume of 82,172 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA:GIGB traded up $0.09 during midday trading on Tuesday, reaching $45.26. The company had a trading volume of 64,073 shares, compared to its average volume of 99,424. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 52-week low of $45.14 and a 52-week high of $47.16. The company’s 50 day moving average price is $45.71 and its 200 day moving average price is $46.04.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Comerica Bank bought a new position in Goldman Sachs Access Investment Grade Corporate Bond ETF during the 1st quarter worth approximately $101,000. JPMorgan Chase & Co. increased its stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 7.7% during the second quarter. JPMorgan Chase & Co. now owns 43,790 shares of the company’s stock valued at $2,015,000 after purchasing an additional 3,123 shares in the last quarter. Jane Street Group LLC bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth $4,997,000. Geneos Wealth Management Inc. purchased a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $28,000. Finally, Osaic Holdings Inc. increased its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 28.8% during the second quarter. Osaic Holdings Inc. now owns 17,115 shares of the company’s stock valued at $788,000 after acquiring an additional 3,827 shares in the last quarter.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

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.

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