Short Interest in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Expands By 277.7%

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 56,038 shares, a growth of 277.7% from the January 15th total of 14,837 shares. Based on an average daily trading volume, of 588,854 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 588,854 shares, the days-to-cover ratio is currently 0.1 days.

Goldman Sachs ActiveBeta International Equity ETF Trading Up 0.4%

NYSEARCA:GSIE traded up $0.17 on Wednesday, hitting $46.42. 448,829 shares of the company’s stock traded hands, compared to its average volume of 663,758. The company has a market cap of $5.45 billion, a PE ratio of 15.44 and a beta of 0.84. The firm has a 50-day moving average price of $43.67 and a 200-day moving average price of $41.92. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $31.73 and a 1 year high of $46.50.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GSIE. Vantagepoint Investment Advisers LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at about $230,137,000. Bank of America Corp DE raised its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% in the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock valued at $179,136,000 after acquiring an additional 1,050,477 shares during the last quarter. SigFig Wealth Management LLC lifted its position in Goldman Sachs ActiveBeta International Equity ETF by 1.7% during the 4th quarter. SigFig Wealth Management LLC now owns 4,478,415 shares of the company’s stock worth $192,303,000 after buying an additional 76,820 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Goldman Sachs ActiveBeta International Equity ETF by 3.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,307,425 shares of the company’s stock worth $131,172,000 after purchasing an additional 94,786 shares during the last quarter. Finally, Betterment LLC raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.9% during the third quarter. Betterment LLC now owns 3,253,245 shares of the company’s stock worth $133,741,000 after acquiring an additional 61,801 shares during the last quarter.

About Goldman Sachs ActiveBeta International Equity ETF

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.