Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Stock Short Interest Jumps 893.8%

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 477,523 shares, an increase of 893.8% from the September 30th total of 48,052 shares. Based on an average daily volume of 545,394 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the shares of the stock are sold short.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.2%

NYSEARCA:GSIE traded down $0.10 during trading hours on Wednesday, hitting $46.18. The company had a trading volume of 181,462 shares, compared to its average volume of 479,015. The company has a 50-day moving average of $46.85 and a 200 day moving average of $45.73. The company has a market cap of $5.95 billion, a P/E ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $40.05 and a 1 year high of $48.49.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GSIE. Founders Financial Securities LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $455,000. SYM FINANCIAL Corp acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at about $269,000. Ashton Thomas Securities LLC acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at about $91,000. Segment Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at approximately $242,000. Finally, Vantagepoint Investment Advisers LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at approximately $233,491,000.

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.