Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Sees Significant Growth in Short Interest

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 60 shares, an increase of 5,900.0% from the July 30th total of 1 shares. Based on an average daily trading volume, of 644 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE bought a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the first quarter valued at approximately $3,374,000. OLD Mission Capital LLC lifted its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% during the 4th quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after buying an additional 23,350 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $320,000. Commonwealth Equity Services LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $1,869,000. Finally, LPL Financial LLC boosted its stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% in the 4th quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock valued at $506,000 after purchasing an additional 3,195 shares in the last quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Price Performance

GSEE stock traded up $1.26 during midday trading on Tuesday, reaching $69.18. The company had a trading volume of 1,082 shares, compared to its average volume of 4,604. The company has a market capitalization of $159.11 million, a price-to-earnings ratio of 15.21 and a beta of 0.61. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 1-year low of $51.98 and a 1-year high of $74.01. The stock has a 50 day moving average price of $68.06 and a 200-day moving average price of $65.52.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.