Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Large Decline in Short Interest

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 15,155 shares, a decrease of 73.0% from the January 29th total of 56,038 shares. Based on an average daily volume of 588,863 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 588,863 shares, the short-interest ratio is presently 0.0 days.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.1%

Shares of NYSEARCA:GSIE traded up $0.04 during trading on Thursday, hitting $46.76. 411,672 shares of the stock traded hands, compared to its average volume of 611,718. The company has a fifty day moving average price of $44.52 and a two-hundred day moving average price of $42.41. Goldman Sachs ActiveBeta International Equity ETF has a 52-week low of $31.73 and a 52-week high of $46.78. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 4th quarter valued at about $31,000. Glenmede Investment Management LP acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter worth about $37,000. Ashton Thomas Securities LLC purchased a new position in Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth approximately $38,000. Miller Global Investments LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at approximately $43,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at approximately $49,000.

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.