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

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,549 shares, a decrease of 93.4% from the April 30th total of 23,472 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,039 shares, the days-to-cover ratio is presently 0.8 days.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Down 0.2%

Shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF stock traded down $0.11 during trading on Wednesday, reaching $70.32. The company’s stock had a trading volume of 630 shares, compared to its average volume of 5,529. The company has a 50-day moving average price of $63.70 and a two-hundred day moving average price of $60.72. The firm has a market cap of $161.74 million, a PE ratio of 15.21 and a beta of 0.61. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a fifty-two week low of $47.07 and a fifty-two week high of $70.97.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GSEE. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter worth about $320,000. LPL Financial LLC increased its position in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% in the 4th quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock valued at $506,000 after acquiring an additional 3,195 shares during the period. Commonwealth Equity Services LLC acquired a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the 4th quarter valued at about $1,869,000. Bank of America Corp DE purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 1st quarter valued at approximately $3,374,000. Finally, Citadel Advisors LLC raised its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% during the 3rd quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock valued at $4,364,000 after acquiring an additional 35,418 shares during the last quarter.

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.