Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Stock Short Interest Falls 67.3%

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 156,079 shares, a decrease of 67.3% from the October 15th total of 477,523 shares. Based on an average trading volume of 367,630 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GSIE. Bleakley Financial Group LLC lifted its position in Goldman Sachs ActiveBeta International Equity ETF by 10.2% during the third quarter. Bleakley Financial Group LLC now owns 144,393 shares of the company’s stock valued at $6,619,000 after buying an additional 13,314 shares during the period. FCA Corp TX bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at $12,201,000. Private Advisor Group LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at $3,953,000. Ieq Capital LLC grew its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 23.6% in the 3rd quarter. Ieq Capital LLC now owns 13,858 shares of the company’s stock worth $635,000 after buying an additional 2,645 shares during the period. Finally, Vawter Financial Ltd. purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter worth about $10,739,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.1%

Shares of NYSEARCA:GSIE traded up $0.04 during trading on Friday, hitting $46.45. The stock had a trading volume of 190,297 shares, compared to its average volume of 478,190. The company has a market capitalization of $6.06 billion, a PE ratio of 16.11 and a beta of 0.78. The firm’s fifty day moving average is $46.47 and its 200 day moving average is $45.87. Goldman Sachs ActiveBeta International Equity ETF has a 12 month low of $40.05 and a 12 month high of $48.49.

Goldman Sachs ActiveBeta International Equity ETF Company Profile

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.