Short Interest in Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Decreases By 85.6%

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 30,295 shares, a drop of 85.6% from the June 30th total of 209,858 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 21,610 shares, the short-interest ratio is presently 1.4 days.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

Shares of GSID opened at $74.85 on Friday. Goldman Sachs MarketBeta International Equity ETF has a fifty-two week low of $62.50 and a fifty-two week high of $77.10. The firm has a 50-day simple moving average of $75.14 and a 200-day simple moving average of $73.59. The company has a market capitalization of $995.50 million, a price-to-earnings ratio of 16.38 and a beta of 0.84.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its holdings in Goldman Sachs MarketBeta International Equity ETF by 593.3% during the second quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock worth $2,573,000 after acquiring an additional 34,387 shares during the period. JPMorgan Chase & Co. lifted its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.0% in the third quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock valued at $4,047,000 after acquiring an additional 610 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 3rd quarter worth $439,000. Sowell Financial Services LLC boosted its position in shares of Goldman Sachs MarketBeta International Equity ETF by 6.3% during the 4th quarter. Sowell Financial Services LLC now owns 24,338 shares of the company’s stock worth $1,687,000 after purchasing an additional 1,446 shares in the last quarter. Finally, Drive Wealth Management LLC grew its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 11.3% during the 4th quarter. Drive Wealth Management LLC now owns 48,989 shares of the company’s stock worth $3,396,000 after purchasing an additional 4,960 shares during the period.

About Goldman Sachs MarketBeta International Equity ETF

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.