Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) Stock Short Interest Report for September

Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 84,146 shares, an increase of 1,146.6% from the September 15th total of 6,750 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average trading volume of 89,573 shares, the short-interest ratio is presently 0.9 days.

Goldman Sachs Dynamic California Municipal Income ETF Price Performance

Goldman Sachs Dynamic California Municipal Income ETF stock traded up $0.11 during midday trading on Friday, reaching $48.47. 43,669 shares of the stock traded hands, compared to its average volume of 26,531. The stock’s fifty day moving average is $49.71 and its 200-day moving average is $50.45. Goldman Sachs Dynamic California Municipal Income ETF has a 12 month low of $48.00 and a 12 month high of $52.09.

Institutional Investors Weigh In On Goldman Sachs Dynamic California Municipal Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Weaver Consulting Group lifted its holdings in Goldman Sachs Dynamic California Municipal Income ETF by 23.1% during the 3rd quarter. Weaver Consulting Group now owns 59,282 shares of the company’s stock valued at $2,875,000 after buying an additional 11,136 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in Goldman Sachs Dynamic California Municipal Income ETF during the 2nd quarter valued at $510,000. Envestnet Asset Management Inc. bought a new stake in Goldman Sachs Dynamic California Municipal Income ETF during the 2nd quarter valued at $1,149,000. Sprinkle Financial Consultants LLC increased its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 336.1% in the 3rd quarter. Sprinkle Financial Consultants LLC now owns 26,549 shares of the company’s stock valued at $1,288,000 after acquiring an additional 20,461 shares during the period. Finally, First American Trust FSB increased its holdings in shares of Goldman Sachs Dynamic California Municipal Income ETF by 108.7% in the 4th quarter. First American Trust FSB now owns 106,883 shares of the company’s stock valued at $5,441,000 after acquiring an additional 55,659 shares during the period.

Goldman Sachs Dynamic California Municipal Income ETF Company Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) 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 California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.