Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMD) Sees Significant Decline in Short Interest

Goldman Sachs Access Emerging Markets USD Bond ETF (BATS:GEMDGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 881 shares, a decrease of 39.4% from the July 15th total of 1,454 shares. Based on an average daily volume of 2,226 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Goldman Sachs Access Emerging Markets USD Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in shares of Goldman Sachs Access Emerging Markets USD Bond ETF by 13.3% during the 1st quarter. NewEdge Advisors LLC now owns 8,448 shares of the company’s stock worth $342,000 after purchasing an additional 990 shares during the period. Jane Street Group LLC lifted its stake in Goldman Sachs Access Emerging Markets USD Bond ETF by 177.9% in the first quarter. Jane Street Group LLC now owns 40,509 shares of the company’s stock worth $1,641,000 after purchasing an additional 25,931 shares during the last quarter. Finally, Betterment LLC lifted its stake in Goldman Sachs Access Emerging Markets USD Bond ETF by 2.8% in the fourth quarter. Betterment LLC now owns 601,446 shares of the company’s stock worth $25,531,000 after purchasing an additional 16,597 shares during the last quarter.

Goldman Sachs Access Emerging Markets USD Bond ETF Trading Up 0.4%

Shares of Goldman Sachs Access Emerging Markets USD Bond ETF stock opened at $41.66 on Thursday. The stock has a 50 day moving average price of $42.01 and a 200-day moving average price of $42.12. Goldman Sachs Access Emerging Markets USD Bond ETF has a one year low of $40.88 and a one year high of $43.26.

About Goldman Sachs Access Emerging Markets USD Bond ETF

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The Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated emerging markets government bonds of various credit quality and maturity. Bonds are selected by multiple economic factors such as governance indicators, import coverage, and inflation. GEMD was launched on Feb 15, 2022 and is managed by Goldman Sachs.

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