Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) Sees Large Decline in Short Interest

Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 887 shares, a drop of 41.1% from the May 31st total of 1,507 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 847 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Total International Equity ETF

A hedge fund recently bought a new position in Goldman Sachs MarketBeta Total International Equity ETF stock. Royal Bank of Canada purchased a new stake in shares of Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,565 shares of the company’s stock, valued at approximately $259,000.

Goldman Sachs MarketBeta Total International Equity ETF Price Performance

Shares of NYSEARCA:GXUS traded up $0.11 on Thursday, reaching $62.33. 132 shares of the company traded hands, compared to its average volume of 882. The company’s 50 day moving average is $62.51 and its 200-day moving average is $59.78. Goldman Sachs MarketBeta Total International Equity ETF has a fifty-two week low of $48.81 and a fifty-two week high of $64.74. The stock has a market capitalization of $623.30 million, a PE ratio of 15.88 and a beta of 0.71.

About Goldman Sachs MarketBeta Total International Equity ETF

The Goldman Sachs MarketBeta Total International Equity ETF (GXUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks from around the world, outside of the United States, representing 85% of the publicly available market. GXUS was launched on May 31, 2023 and is managed by Goldman Sachs.