Goldman Sachs Ultra Short Bond ETF (BATS:GSST) Short Interest Up 118.3% in April

Goldman Sachs Ultra Short Bond ETF (BATS:GSST) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 96,857 shares, a growth of 118.3% from the April 15th total of 44,369 shares. Based on an average trading volume of 266,706 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AlphaCore Capital LLC bought a new position in shares of Goldman Sachs Ultra Short Bond ETF in the fourth quarter valued at $33,000. Wagner Wealth Management LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 20.9% in the fourth quarter. Wagner Wealth Management LLC now owns 1,713 shares of the company’s stock valued at $86,000 after buying an additional 296 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 214,200.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,143 shares of the company’s stock valued at $108,000 after buying an additional 2,142 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Goldman Sachs Ultra Short Bond ETF by 66.1% in the fourth quarter. Private Trust Co. NA now owns 2,491 shares of the company’s stock valued at $126,000 after buying an additional 991 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Goldman Sachs Ultra Short Bond ETF in the third quarter valued at $176,000.

Goldman Sachs Ultra Short Bond ETF Price Performance

BATS GSST opened at $50.49 on Friday. Goldman Sachs Ultra Short Bond ETF has a 1 year low of $50.29 and a 1 year high of $50.83. The business’s fifty day moving average is $50.49 and its two-hundred day moving average is $50.55.

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.