Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Short Interest Up 83.9% in May

by · The Markets Daily

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 20,599 shares, a growth of 83.9% from the May 14th total of 11,204 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 9,553 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds have recently modified their holdings of the stock. Cornerstone Planning Group LLC bought a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 1st quarter worth about $76,000. World Investment Advisors bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at about $255,000. Beacon Financial Advisory LLC acquired a new stake in Goldman Sachs MarketBeta International Equity ETF during the first quarter worth approximately $296,000. Citadel Advisors LLC acquired a new stake in Goldman Sachs MarketBeta International Equity ETF during the third quarter worth approximately $439,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the first quarter worth approximately $467,000.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

Goldman Sachs MarketBeta International Equity ETF stock remained flat at $75.77 during mid-day trading on Monday. The company’s stock had a trading volume of 4,018 shares, compared to its average volume of 39,514. The company has a fifty day moving average of $74.09 and a 200 day moving average of $72.23. Goldman Sachs MarketBeta International Equity ETF has a fifty-two week low of $62.48 and a fifty-two week high of $76.62. The stock has a market capitalization of $1.01 billion, a PE ratio of 16.38 and a beta of 0.84.

About Goldman Sachs MarketBeta International Equity ETF

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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.

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