Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Short Interest Update

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 56,038 shares, an increase of 277.7% from the January 15th total of 14,837 shares. Based on an average trading volume of 588,854 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 588,854 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Vantagepoint Investment Advisers LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at approximately $230,137,000. Bank of America Corp DE lifted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% in the 2nd quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock worth $179,136,000 after purchasing an additional 1,050,477 shares during the period. SigFig Wealth Management LLC lifted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 1.7% in the fourth quarter. SigFig Wealth Management LLC now owns 4,478,415 shares of the company’s stock valued at $192,303,000 after buying an additional 76,820 shares during the period. Envestnet Asset Management Inc. grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,307,425 shares of the company’s stock worth $131,172,000 after acquiring an additional 94,786 shares during the period. Finally, Betterment LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 1.9% in the third quarter. Betterment LLC now owns 3,253,245 shares of the company’s stock valued at $133,741,000 after buying an additional 61,801 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Shares of GSIE traded up $0.17 during mid-day trading on Wednesday, hitting $46.42. 448,829 shares of the company’s stock were exchanged, compared to its average volume of 663,758. The company has a 50-day simple moving average of $43.67 and a 200 day simple moving average of $41.92. The company has a market cap of $5.45 billion, a PE ratio of 15.44 and a beta of 0.84. Goldman Sachs ActiveBeta International Equity ETF has a 52 week low of $31.73 and a 52 week high of $46.50.

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.