Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sees Large Decline in Short Interest

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 14,000 shares, a decline of 14.1% from the March 15th total of 16,300 shares. Based on an average daily volume of 22,000 shares, the days-to-cover ratio is presently 0.6 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.2 %

GPIQ stock traded up $0.08 during midday trading on Tuesday, hitting $45.10. 10,891 shares of the company’s stock were exchanged, compared to its average volume of 22,279. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.66 and a 12-month high of $46.89. The business has a 50 day moving average of $45.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 8th. Stockholders of record on Wednesday, April 3rd were issued a $0.407 dividend. The ex-dividend date of this dividend was Tuesday, April 2nd. This represents a $4.88 dividend on an annualized basis and a dividend yield of 10.83%.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth $2,190,000. MGO One Seven LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth $504,000. Finally, High Net Worth Advisory Group LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.7% during the 1st quarter. High Net Worth Advisory Group LLC now owns 7,000 shares of the company’s stock worth $326,000 after acquiring an additional 1,000 shares during the period.