Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Short Interest Update

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 13,213 shares, a drop of 56.4% from the July 15th total of 30,295 shares. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC lifted its stake in Goldman Sachs MarketBeta International Equity ETF by 67.1% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 176,787 shares of the company’s stock worth $12,356,000 after purchasing an additional 70,961 shares in the last quarter. Cetera Investment Advisers bought a new position in Goldman Sachs MarketBeta International Equity ETF during the first quarter valued at $7,430,000. LPL Financial LLC raised its position in Goldman Sachs MarketBeta International Equity ETF by 2.6% in the 4th quarter. LPL Financial LLC now owns 73,055 shares of the company’s stock worth $5,064,000 after purchasing an additional 1,857 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 2.9% in the fourth quarter. JPMorgan Chase & Co. now owns 62,584 shares of the company’s stock worth $4,338,000 after buying an additional 1,789 shares during the period. Finally, Drive Wealth Management LLC increased its stake in Goldman Sachs MarketBeta International Equity ETF by 11.3% in the fourth quarter. Drive Wealth Management LLC now owns 48,989 shares of the company’s stock worth $3,396,000 after purchasing an additional 4,960 shares during the period.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

BATS GSID opened at $78.48 on Friday. Goldman Sachs MarketBeta International Equity ETF has a fifty-two week low of $64.95 and a fifty-two week high of $78.82. The company has a market capitalization of $1.04 billion, a PE ratio of 16.38 and a beta of 0.84. The business’s fifty day moving average is $75.80 and its 200 day moving average is $74.19.

About Goldman Sachs MarketBeta International Equity ETF

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.