Goldman Sachs India Equity ETF (NASDAQ:GIND) Sees Significant Increase in Short Interest

Goldman Sachs India Equity ETF (NASDAQ:GIND) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,005 shares, a growth of 120.1% from the May 31st total of 6,363 shares. Based on an average daily trading volume, of 7,142 shares, the short-interest ratio is currently 2.0 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Goldman Sachs India Equity ETF

Large investors have recently modified their holdings of the business. Raab & Moskowitz Asset Management LLC raised its position in shares of Goldman Sachs India Equity ETF by 19.5% during the third quarter. Raab & Moskowitz Asset Management LLC now owns 23,300 shares of the company’s stock worth $603,000 after purchasing an additional 3,800 shares during the period. Jane Street Group LLC acquired a new stake in Goldman Sachs India Equity ETF during the 2nd quarter worth approximately $995,000. Susquehanna International Group LLP bought a new position in Goldman Sachs India Equity ETF in the third quarter valued at approximately $1,126,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs India Equity ETF by 61.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock valued at $19,419,000 after buying an additional 279,928 shares in the last quarter. Finally, Circle Wealth Management LLC acquired a new position in shares of Goldman Sachs India Equity ETF in the fourth quarter valued at approximately $27,422,000.

Goldman Sachs India Equity ETF Stock Down 0.2%

GIND opened at $24.33 on Thursday. The stock has a market cap of $163.01 million, a P/E ratio of 25.78 and a beta of 1.04. Goldman Sachs India Equity ETF has a 12 month low of $21.43 and a 12 month high of $27.85. The company has a fifty day simple moving average of $23.82 and a 200 day simple moving average of $24.39.

Goldman Sachs India Equity ETF Company Profile

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.