Short Interest in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Decreases By 86.7%

by · The Cerbat Gem

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB – Get Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 61,635 shares, a decrease of 86.7% from the November 30th total of 464,363 shares. Based on an average daily volume of 112,049 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 112,049 shares, the short-interest ratio is currently 0.6 days.

Goldman Sachs Access Investment Grade Corporate Bond ETF Price Performance

NYSEARCA:GIGB traded up $0.01 during trading hours on Friday, reaching $46.58. The company’s stock had a trading volume of 33,159 shares, compared to its average volume of 81,987. The firm has a 50-day simple moving average of $46.57 and a 200-day simple moving average of $46.27. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 1 year low of $43.96 and a 1 year high of $47.16.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GIGB. 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. Private Trust Co. NA lifted its position in Goldman Sachs Access Investment Grade Corporate Bond ETF by 175.3% in the second quarter. Private Trust Co. NA now owns 1,346 shares of the company’s stock valued at $62,000 after purchasing an additional 857 shares during the last quarter. Comerica Bank bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at approximately $101,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the third quarter valued at approximately $224,000. Finally, 17 Capital Partners LLC bought a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the second quarter worth approximately $243,000.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

(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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