Short Interest in Grayscale Sui Staking ETF (NYSEARCA:GSUI) Expands By 6,028.2%

Grayscale Sui Staking ETF (NYSEARCA:GSUI) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 16,730 shares, a growth of 6,028.2% from the May 14th total of 273 shares. Based on an average daily volume of 161,026 shares, the short-interest ratio is currently 0.1 days. Currently, 1.0% of the shares of the stock are short sold.

Grayscale Sui Staking ETF Stock Performance

GSUI traded down $0.10 during trading hours on Tuesday, hitting $10.92. The company’s stock had a trading volume of 21,617 shares, compared to its average volume of 37,547. The firm has a 50-day moving average of $13.94. Grayscale Sui Staking ETF has a 12 month low of $9.77 and a 12 month high of $34.40.

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.