Short Interest in Goldman Sachs India Equity ETF (NASDAQ:GIND) Declines By 35.6%

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 4,035 shares, a decline of 35.6% from the June 30th total of 6,263 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 7,614 shares, the days-to-cover ratio is currently 0.5 days.

Goldman Sachs India Equity ETF Stock Performance

Shares of NASDAQ:GIND opened at $24.64 on Friday. The firm has a market capitalization of $167.55 million, a P/E ratio of 25.78 and a beta of 0.92. The stock has a 50 day moving average price of $24.04 and a 200-day moving average price of $24.10. Goldman Sachs India Equity ETF has a 52-week low of $21.43 and a 52-week high of $27.60.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in Goldman Sachs India Equity ETF in the second quarter worth about $995,000. Susquehanna International Group LLP bought a new position in Goldman Sachs India Equity ETF during the 3rd quarter valued at approximately $1,126,000. Goldman Sachs Group Inc. raised its stake in Goldman Sachs India Equity ETF by 61.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock valued at $19,419,000 after buying an additional 279,928 shares during the last quarter. Circle Wealth Management LLC bought a new stake in Goldman Sachs India Equity ETF in the fourth quarter worth $27,422,000. Finally, Orange County Employees Retirement System purchased a new stake in shares of Goldman Sachs India Equity ETF in the fourth quarter worth $75,347,000.

About Goldman Sachs India Equity ETF

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.