Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) Stock Short Interest Report for October

Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 124,723 shares, a growth of 454.7% from the October 15th total of 22,484 shares. Based on an average daily volume of 363,642 shares, the short-interest ratio is currently 0.3 days. Approximately 0.9% of the company’s shares are short sold.

Goldman Sachs Municipal Income ETF Price Performance

NYSEARCA:GMUB traded down $0.13 during trading hours on Friday, reaching $50.21. The company’s stock had a trading volume of 98,872 shares, compared to its average volume of 129,281. The firm has a 50-day simple moving average of $49.66 and a 200-day simple moving average of $50.83. Goldman Sachs Municipal Income ETF has a 1 year low of $48.38 and a 1 year high of $52.23.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GMUB. Composition Wealth LLC purchased a new stake in Goldman Sachs Municipal Income ETF during the 3rd quarter valued at about $49,846,000. Peak Financial Advisors LLC bought a new stake in Goldman Sachs Municipal Income ETF in the third quarter valued at approximately $12,569,000. Private Advisor Group LLC bought a new stake in Goldman Sachs Municipal Income ETF in the third quarter valued at approximately $11,475,000. Retirement Planning Group LLC bought a new stake in Goldman Sachs Municipal Income ETF in the third quarter valued at approximately $7,895,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of Goldman Sachs Municipal Income ETF during the third quarter valued at approximately $3,650,000.

Goldman Sachs Municipal Income ETF Company Profile

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.