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

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 10,276 shares, a decrease of 72.3% from the April 15th total of 37,070 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 65,418 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in GSID. Elevation Point Wealth Partners LLC lifted its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 67.1% in the first quarter. Elevation Point Wealth Partners LLC now owns 176,787 shares of the company’s stock worth $12,356,000 after acquiring an additional 70,961 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 3rd quarter valued at approximately $4,241,000. Jane Street Group LLC raised its holdings in Goldman Sachs MarketBeta International Equity ETF by 593.3% in the 2nd quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock valued at $2,573,000 after buying an additional 34,387 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at approximately $916,000. Finally, Private Advisor Group LLC bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at approximately $633,000.

Goldman Sachs MarketBeta International Equity ETF Stock Up 0.5%

Shares of GSID stock traded up $0.38 on Wednesday, reaching $74.92. The company had a trading volume of 3,334 shares, compared to its average volume of 42,987. The stock has a market capitalization of $996.44 million, a PE ratio of 16.38 and a beta of 0.84. Goldman Sachs MarketBeta International Equity ETF has a one year low of $61.23 and a one year high of $76.62. The business’s 50-day moving average is $72.09 and its 200 day moving average is $71.00.

Goldman Sachs MarketBeta International Equity ETF Company Profile

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.