Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Shares Shorted: Short Interest Up 197.6% in September

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 6,442 shares, an increase of 197.6% from the August 31st total of 2,165 shares. Based on an average trading volume of 4,920 shares, the short-interest ratio is currently 1.3 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. raised its stake in Goldman Sachs Access High Yield Corporate Bond ETF by 44.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,900 shares of the company’s stock valued at $174,000 after acquiring an additional 1,200 shares during the period. Integrated Wealth Concepts LLC boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 50.0% during the second quarter. Integrated Wealth Concepts LLC now owns 6,921 shares of the company’s stock worth $310,000 after purchasing an additional 2,307 shares during the period. Smithbridge Asset Management Inc. DE boosted its position in Goldman Sachs Access High Yield Corporate Bond ETF by 4.0% during the fourth quarter. Smithbridge Asset Management Inc. DE now owns 16,337 shares of the company’s stock worth $740,000 after purchasing an additional 625 shares during the period. Sage Rhino Capital LLC acquired a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF in the first quarter valued at $872,000. Finally, Sanctuary Advisors LLC increased its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 3.4% in the first quarter. Sanctuary Advisors LLC now owns 34,366 shares of the company’s stock valued at $1,532,000 after purchasing an additional 1,122 shares during the last quarter.

Goldman Sachs Access High Yield Corporate Bond ETF Trading Down 0.0%

NYSEARCA:GHYB traded down $0.02 during mid-day trading on Friday, hitting $43.61. The stock had a trading volume of 16,405 shares, compared to its average volume of 15,133. Goldman Sachs Access High Yield Corporate Bond ETF has a twelve month low of $43.51 and a twelve month high of $45.87. The company’s 50 day simple moving average is $44.38 and its 200 day simple moving average is $44.60.

About Goldman Sachs Access High Yield Corporate Bond ETF

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.