Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Sees Significant Growth in Short Interest

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 31,345 shares, a growth of 74.2% from the September 15th total of 17,996 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 126,218 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta International Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC boosted its holdings in Goldman Sachs MarketBeta International Equity ETF by 3.7% during the second quarter. Integrated Wealth Concepts LLC now owns 9,470 shares of the company’s stock worth $712,000 after purchasing an additional 339 shares during the last quarter. Beacon Financial Advisory LLC raised its holdings in Goldman Sachs MarketBeta International Equity ETF by 14.3% during the second quarter. Beacon Financial Advisory LLC now owns 4,840 shares of the company’s stock worth $364,000 after acquiring an additional 607 shares in the last quarter. LifePlan Investment Advisors Inc. increased its position in shares of Goldman Sachs MarketBeta International Equity ETF by 5.0% during the 2nd quarter. LifePlan Investment Advisors Inc. now owns 15,542 shares of the company’s stock worth $1,168,000 after purchasing an additional 740 shares during the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 1st quarter worth approximately $76,000. Finally, NewEdge Advisors LLC raised its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 14.8% during the 2nd quarter. NewEdge Advisors LLC now owns 26,123 shares of the company’s stock worth $1,963,000 after purchasing an additional 3,363 shares in the last quarter.

Goldman Sachs MarketBeta International Equity ETF Price Performance

Shares of BATS:GSID traded down $0.21 during midday trading on Friday, reaching $74.55. The company’s stock had a trading volume of 7,360 shares, compared to its average volume of 46,164. Goldman Sachs MarketBeta International Equity ETF has a fifty-two week low of $65.01 and a fifty-two week high of $78.82. The company has a market capitalization of $991.51 million, a P/E ratio of 16.38 and a beta of 0.84. The business’s fifty day simple moving average is $76.68 and its 200-day simple moving average is $75.34.

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.