Short Interest in Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Declines By 85.6%

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 30,295 shares, a decline of 85.6% from the June 30th total of 209,858 shares. Based on an average trading volume of 21,610 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the shares of the company are short sold.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

BATS:GSID opened at $74.85 on Friday. The stock has a market cap of $995.50 million, a price-to-earnings ratio of 16.38 and a beta of 0.84. Goldman Sachs MarketBeta International Equity ETF has a 1 year low of $62.50 and a 1 year high of $77.10. The business has a fifty day moving average of $75.14 and a 200-day moving average of $73.59.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

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

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.