Short Interest in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Drops By 71.3%

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 139,463 shares, a decline of 71.3% from the January 15th total of 486,308 shares. Based on an average daily trading volume, of 832,174 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 832,174 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Register Financial Advisors LLC grew its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% during the fourth quarter. Register Financial Advisors LLC now owns 4,740 shares of the company’s stock valued at $250,000 after buying an additional 200 shares during the last quarter. Pasadena Private Wealth LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% during the 4th quarter. Pasadena Private Wealth LLC now owns 10,871 shares of the company’s stock valued at $574,000 after purchasing an additional 200 shares during the last quarter. Balboa Wealth Partners increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 3.0% in the 2nd quarter. Balboa Wealth Partners now owns 7,470 shares of the company’s stock worth $372,000 after purchasing an additional 220 shares in the last quarter. GGM Financials LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 8.0% in the fourth quarter. GGM Financials LLC now owns 3,065 shares of the company’s stock worth $162,000 after purchasing an additional 226 shares during the last quarter. Finally, Next Level Private LLC lifted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% during the third quarter. Next Level Private LLC now owns 14,084 shares of the company’s stock valued at $735,000 after purchasing an additional 264 shares in the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Price Performance

Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.03 during mid-day trading on Friday, reaching $52.26. 545,328 shares of the company traded hands, compared to its average volume of 814,673. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $40.01 and a 52-week high of $53.55. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The firm’s 50 day moving average price is $52.87 and its 200 day moving average price is $52.08.

Goldman Sachs S&P 500 Core Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.3763 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. This represents a c) annualized dividend and a yield of 8.6%.

About Goldman Sachs S&P 500 Core Premium Income ETF

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.