Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) Short Interest Update

Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 7,398 shares, a growth of 195.1% from the November 30th total of 2,507 shares. Based on an average daily trading volume, of 3,949 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the company are sold short. Approximately 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 3,949 shares, the days-to-cover ratio is currently 1.9 days.

Goldman Sachs Dynamic New York Municipal Income ETF Trading Down 0.0%

Shares of GMNY stock traded down $0.02 on Friday, hitting $50.01. The company’s stock had a trading volume of 132 shares, compared to its average volume of 2,704. Goldman Sachs Dynamic New York Municipal Income ETF has a fifty-two week low of $47.36 and a fifty-two week high of $50.51. The stock’s 50 day moving average is $49.97 and its 200-day moving average is $49.41.

Institutional Investors Weigh In On Goldman Sachs Dynamic New York Municipal Income ETF

Institutional investors have recently made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. bought a new position in Goldman Sachs Dynamic New York Municipal Income ETF during the 3rd quarter worth $296,000. Magnus Financial Group LLC acquired a new position in shares of Goldman Sachs Dynamic New York Municipal Income ETF in the 3rd quarter valued at approximately $736,000. Finally, Miracle Mile Advisors LLC bought a new position in Goldman Sachs Dynamic New York Municipal Income ETF in the third quarter valued at approximately $13,676,000.

About Goldman Sachs Dynamic New York Municipal Income ETF

The Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and New York state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration. GMNY was launched on Jul 23, 2024 and is issued by Goldman Sachs.