Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Stock Short Interest Rises 9,446.2%

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,241 shares, an increase of 9,446.2% from the October 15th total of 13 shares. Based on an average daily volume of 1,427 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s shares are short sold.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Price Performance

Shares of BATS:GSEE traded down $0.49 on Tuesday, hitting $62.42. 661 shares of the company’s stock were exchanged, compared to its average volume of 4,290. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 12 month low of $54.71 and a 12 month high of $74.01. The stock has a market capitalization of $143.57 million, a price-to-earnings ratio of 15.21 and a beta of 0.61. The business’s 50 day simple moving average is $67.22 and its two-hundred day simple moving average is $65.82.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GSEE. Root Financial Partners LLC bought a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the 3rd quarter worth about $55,000. Integrated Wealth Concepts LLC purchased a new position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the second quarter worth approximately $170,000. Citadel Advisors LLC increased its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% during the second quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock worth $2,348,000 after acquiring an additional 28,373 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter valued at approximately $3,237,000. Finally, StoneX Group Inc. bought a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter valued at approximately $3,342,000.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Company Profile

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.