Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Short Interest Up 289.4% in June

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 209,858 shares, a growth of 289.4% from the June 15th total of 53,888 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily volume of 48,298 shares, the days-to-cover ratio is currently 4.3 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GSID. CoreCap Advisors LLC lifted its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 171.5% in the 2nd quarter. CoreCap Advisors LLC now owns 14,172 shares of the company’s stock worth $1,065,000 after acquiring an additional 8,952 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the 1st quarter worth approximately $1,591,000. Keebeck Wealth Management acquired a new stake in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at approximately $3,232,000. Cetera Investment Advisers acquired a new stake in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at approximately $7,430,000. Finally, Cornerstone Planning Group LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF in the first quarter valued at approximately $76,000.

Goldman Sachs MarketBeta International Equity ETF Trading Up 0.3%

GSID traded up $0.25 on Friday, hitting $75.49. The company had a trading volume of 6,302 shares, compared to its average volume of 39,407. The company’s fifty day moving average price is $75.03 and its 200 day moving average price is $73.20. Goldman Sachs MarketBeta International Equity ETF has a 1 year low of $62.50 and a 1 year high of $77.10. The firm has a market cap of $1.00 billion, a P/E ratio of 16.38 and a beta of 0.84.

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.