Short Interest in Goldman Sachs India Equity ETF (NASDAQ:GIND) Increases By 224.6%

Goldman Sachs India Equity ETF (NASDAQ:GIND) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 6,363 shares, a growth of 224.6% from the May 14th total of 1,960 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 15,385 shares, the short-interest ratio is presently 0.4 days.

Goldman Sachs India Equity ETF Price Performance

Goldman Sachs India Equity ETF stock opened at $23.63 on Friday. Goldman Sachs India Equity ETF has a 1-year low of $21.43 and a 1-year high of $29.52. The firm has a market capitalization of $158.32 million, a P/E ratio of 25.78 and a beta of 1.04. The company’s 50-day moving average is $23.63 and its 200 day moving average is $24.60.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Raab & Moskowitz Asset Management LLC grew its holdings in shares of Goldman Sachs India Equity ETF by 19.5% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 23,300 shares of the company’s stock worth $603,000 after purchasing an additional 3,800 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Goldman Sachs India Equity ETF in the second quarter worth about $995,000. Susquehanna International Group LLP bought a new position in shares of Goldman Sachs India Equity ETF in the third quarter worth about $1,126,000. Goldman Sachs Group Inc. grew its holdings in Goldman Sachs India Equity ETF by 61.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock worth $19,419,000 after acquiring an additional 279,928 shares in the last quarter. Finally, Circle Wealth Management LLC bought a new position in Goldman Sachs India Equity ETF during the 4th quarter worth about $27,422,000.

Goldman Sachs India Equity ETF Company Profile

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.