Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Short Interest Down 93.4% in May

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,549 shares, a decrease of 93.4% from the April 30th total of 23,472 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,039 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GSEE. Bank of America Corp DE purchased a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the first quarter worth approximately $3,374,000. Citadel Advisors LLC grew its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% in the third quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock valued at $4,364,000 after purchasing an additional 35,418 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter worth about $1,869,000. OLD Mission Capital LLC raised its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% during the 4th quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after purchasing an additional 23,350 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 4th quarter worth about $320,000.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Down 0.2%

BATS:GSEE opened at $70.32 on Thursday. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 52 week low of $47.07 and a 52 week high of $70.97. The stock has a market capitalization of $161.74 million, a price-to-earnings ratio of 15.21 and a beta of 0.61. The firm has a 50 day moving average of $63.90 and a 200 day moving average of $60.82.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.