Short Interest in Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) Drops By 65.5%

Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGBGet Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 17,455 shares, a drop of 65.5% from the July 15th total of 50,617 shares. Based on an average trading volume of 37,981 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Goldman Sachs Access Investment Grade Corporate Bond ETF

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF in the 2nd quarter valued at $28,000. Hantz Financial Services Inc. acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 4th quarter valued at about $30,000. Parallel Advisors LLC boosted its position in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF by 4,307.3% during the 1st quarter. Parallel Advisors LLC now owns 1,807 shares of the company’s stock valued at $83,000 after acquiring an additional 1,766 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF during the 1st quarter valued at about $96,000. Finally, Cornerstone Planning Group LLC bought a new stake in Goldman Sachs Access Investment Grade Corporate Bond ETF in the first quarter valued at about $100,000.

Goldman Sachs Access Investment Grade Corporate Bond ETF Stock Performance

Shares of GIGB traded down $0.14 on Friday, reaching $44.94. 58,466 shares of the stock traded hands, compared to its average volume of 91,500. Goldman Sachs Access Investment Grade Corporate Bond ETF has a 12 month low of $44.85 and a 12 month high of $47.16. The stock’s 50-day moving average price is $45.42 and its 200-day moving average price is $45.83.

Goldman Sachs Access Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. GIGB was launched on Jun 6, 2017 and is managed by Goldman Sachs.

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