Goldman Sachs India Equity ETF (NASDAQ:GIND) Sees Large Decline in Short Interest

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 1,783 shares, a decline of 85.1% from the April 15th total of 11,988 shares. Based on an average trading volume of 10,812 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Goldman Sachs India Equity ETF Trading Down 2.5%

NASDAQ:GIND traded down $0.59 during mid-day trading on Tuesday, hitting $23.25. The company’s stock had a trading volume of 4,484 shares, compared to its average volume of 22,600. The company has a market capitalization of $155.78 million, a price-to-earnings ratio of 25.78 and a beta of 1.83. Goldman Sachs India Equity ETF has a fifty-two week low of $21.43 and a fifty-two week high of $29.52. The stock has a fifty day moving average of $23.41 and a 200-day moving average of $25.17.

Hedge Funds Weigh In On Goldman Sachs India Equity ETF

Hedge funds have recently modified their holdings of the stock. Orange County Employees Retirement System bought a new position in shares of Goldman Sachs India Equity ETF in the 4th quarter valued at about $75,347,000. Circle Wealth Management LLC acquired a new position in Goldman Sachs India Equity ETF in the fourth quarter valued at approximately $27,422,000. Goldman Sachs Group Inc. lifted its holdings 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 during the period. Susquehanna International Group LLP bought a new position in Goldman Sachs India Equity ETF in the third quarter valued at approximately $1,126,000. Finally, Jane Street Group LLC bought a new position in Goldman Sachs India Equity ETF in the second quarter valued at approximately $995,000.

About Goldman Sachs India Equity ETF

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.