Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Short Interest Up 289.4% in June

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 209,858 shares, a growth of 289.4% from the June 15th total of 53,888 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 48,298 shares, the short-interest ratio is presently 4.3 days.

Goldman Sachs MarketBeta International Equity ETF Stock Up 0.3%

Shares of GSID traded up $0.25 during midday trading on Friday, reaching $75.49. The company had a trading volume of 6,302 shares, compared to its average volume of 39,407. Goldman Sachs MarketBeta International Equity ETF has a 1-year low of $62.50 and a 1-year high of $77.10. The stock has a market cap of $1.00 billion, a PE ratio of 16.38 and a beta of 0.84. The firm has a 50 day simple moving average of $75.03 and a 200-day simple moving average of $73.20.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of institutional investors have recently bought and sold shares of GSID. Elevation Point Wealth Partners LLC acquired a new position in Goldman Sachs MarketBeta International Equity ETF in the third quarter valued at approximately $4,008,000. Drive Wealth Management LLC grew its position in Goldman Sachs MarketBeta International Equity ETF by 11.3% in the fourth quarter. Drive Wealth Management LLC now owns 48,989 shares of the company’s stock worth $3,396,000 after acquiring an additional 4,960 shares during the period. Sowell Financial Services LLC increased its stake in Goldman Sachs MarketBeta International Equity ETF by 6.3% during the fourth quarter. Sowell Financial Services LLC now owns 24,338 shares of the company’s stock worth $1,687,000 after acquiring an additional 1,446 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Goldman Sachs MarketBeta International Equity ETF by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock worth $4,047,000 after acquiring an additional 610 shares during the last quarter. Finally, Keebeck Wealth Management acquired a new stake in Goldman Sachs MarketBeta International Equity ETF during the first quarter worth $3,232,000.

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.