Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Update

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 94,166 shares, a growth of 375.0% from the May 31st total of 19,826 shares. Based on an average daily volume of 217,842 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are sold short.

Goldman Sachs Ultra Short Bond ETF Trading Up 0.0%

GSST stock opened at $50.56 on Friday. Goldman Sachs Ultra Short Bond ETF has a 12-month low of $50.35 and a 12-month high of $50.83. The business’s fifty day moving average price is $50.50 and its 200 day moving average price is $50.54.

Institutional Trading of Goldman Sachs Ultra Short Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GSST. NewEdge Advisors LLC boosted its stake in shares of Goldman Sachs Ultra Short Bond ETF by 5.9% in the second quarter. NewEdge Advisors LLC now owns 53,992 shares of the company’s stock valued at $2,730,000 after purchasing an additional 3,026 shares during the period. Betterment LLC increased its stake in Goldman Sachs Ultra Short Bond ETF by 29.1% during the 2nd quarter. Betterment LLC now owns 84,367 shares of the company’s stock worth $4,266,000 after buying an additional 19,033 shares during the period. Raymond James Financial Inc. increased its stake in Goldman Sachs Ultra Short Bond ETF by 23.6% during the 2nd quarter. Raymond James Financial Inc. now owns 532,522 shares of the company’s stock worth $26,926,000 after buying an additional 101,776 shares during the period. Jane Street Group LLC acquired a new stake in Goldman Sachs Ultra Short Bond ETF during the 2nd quarter worth approximately $1,111,000. Finally, MML Investors Services LLC lifted its holdings in Goldman Sachs Ultra Short Bond ETF by 67.1% during the 2nd quarter. MML Investors Services LLC now owns 35,816 shares of the company’s stock worth $1,811,000 after buying an additional 14,376 shares in the last quarter.

About Goldman Sachs Ultra Short Bond ETF

The Goldman Sachs Access Ultra Short Bond ETF (GSST) is an exchange-traded fund that is based on the FTSE 3 Month T-Bill index. The fund is an actively-managed ETF that seeks to provide current income with preservation of capital by investing in a broad range of USD-denominated ultra-short-term bonds. GSST was launched on Apr 15, 2019 and is managed by Goldman Sachs.