Short Interest in Grayscale Sui Staking ETF (NYSEARCA:GSUI) Declines By 42.7%

Grayscale Sui Staking ETF (NYSEARCA:GSUI) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 9,578 shares, a drop of 42.7% from the May 31st total of 16,730 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average trading volume of 57,176 shares, the days-to-cover ratio is presently 0.2 days.

Grayscale Sui Staking ETF Stock Performance

Shares of Grayscale Sui Staking ETF stock traded up $0.24 on Wednesday, hitting $10.33. 28,015 shares of the company traded hands, compared to its average volume of 37,762. The stock’s 50 day moving average price is $12.99 and its 200-day moving average price is $15.82. Grayscale Sui Staking ETF has a 52 week low of $9.47 and a 52 week high of $34.40.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.