Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Up 79.0% in July

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 107,200 shares, anincreaseof79.0% from the July 15th total of 59,900 shares. Approximately0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 409,200 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 409,200 shares, the days-to-cover ratio is presently 0.3 days. Approximately0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several institutional investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $25,000. Steward Partners Investment Advisory LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $49,000. Harbour Investments Inc. acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter valued at approximately $93,000. Farther Finance Advisors LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $110,000. Finally, Centaurus Financial Inc. acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $147,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 0.3%

Shares of GPIQ stock opened at $50.95 on Monday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. The company’s 50 day moving average is $49.65 and its 200 day moving average is $47.39. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $51.26.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 7th. Investors of record on Friday, August 1st were issued a dividend of $0.4421 per share. The ex-dividend date of this dividend was Friday, August 1st. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.43. This represents a c) annualized dividend and a yield of 10.4%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.