Short Interest in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Decreases By 74.2%

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 9,400 shares, a decline of 74.2% from the June 30th total of 36,400 shares. Based on an average daily trading volume, of 65,500 shares, the short-interest ratio is currently 0.1 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 1.1 %

Shares of NASDAQ:GPIQ traded down $0.52 during mid-day trading on Thursday, reaching $45.65. The stock had a trading volume of 106,311 shares, compared to its average volume of 43,362. The company has a market cap of $109.56 million, a P/E ratio of 30.31 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $38.66 and a 1 year high of $49.81. The business’s 50 day moving average price is $47.60 and its 200 day moving average price is $46.17.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Tuesday, July 2nd were paid a $0.4197 dividend. This represents a $5.04 annualized dividend and a dividend yield of 11.03%. The ex-dividend date was Tuesday, July 2nd.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Institutional investors have recently modified their holdings of the stock. High Net Worth Advisory Group LLC lifted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.7% in the 1st quarter. High Net Worth Advisory Group LLC now owns 7,000 shares of the company’s stock valued at $326,000 after purchasing an additional 1,000 shares during the last quarter. Delta Investment Management LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth approximately $424,000. Semus Wealth Partners LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth approximately $480,000. XML Financial LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth approximately $700,000. Finally, Patten & Patten Inc. TN purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth approximately $1,038,000.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.