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

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 13 shares, a growth of 1,200.0% from the September 30th total of 1 shares. Based on an average trading volume of 1,427 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Price Performance

Shares of GSEE stock traded down $0.03 during trading on Monday, reaching $63.79. The company had a trading volume of 1,209 shares, compared to its average volume of 4,260. The firm’s 50 day simple moving average is $68.37 and its two-hundred day simple moving average is $65.63. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a one year low of $54.71 and a one year high of $74.01. The company has a market capitalization of $146.72 million, a PE ratio of 15.21 and a beta of 0.61.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the first quarter valued at about $3,374,000. Citadel Advisors LLC lifted its stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% in the second quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock valued at $2,348,000 after buying an additional 28,373 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the second quarter worth about $170,000. Finally, Root Financial Partners LLC acquired a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter worth about $55,000.

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.