Grayscale Sui Staking ETF (NYSEARCA:GSUI) Short Interest Down 63.0% in August

Grayscale Sui Staking ETF (NYSEARCA:GSUI) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 11,181 shares, a drop of 63.0% from the August 15th total of 30,211 shares. Based on an average daily volume of 63,830 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the company’s shares are sold short.

Grayscale Sui Staking ETF Stock Performance

Shares of GSUI stock traded up $0.16 during mid-day trading on Monday, hitting $10.68. The company’s stock had a trading volume of 75,942 shares, compared to its average volume of 38,081. The company’s fifty day simple moving average is $10.56 and its 200-day simple moving average is $12.63. Grayscale Sui Staking ETF has a 52 week low of $9.44 and a 52 week high of $34.40.

Grayscale Sui Staking ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 4th. Shareholders of record on Thursday, September 3rd were paid a $0.0088 dividend. The ex-dividend date of this dividend was Thursday, September 3rd.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.