Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Sees Significant Increase in Short Interest

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 31,345 shares, an increase of 74.2% from the September 15th total of 17,996 shares. Based on an average daily volume of 126,218 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 550,097 shares of the company’s stock worth $41,334,000 after buying an additional 32,714 shares during the last quarter. Elevation Point Wealth Partners LLC grew its holdings in Goldman Sachs MarketBeta International Equity ETF by 67.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 176,787 shares of the company’s stock worth $12,356,000 after acquiring an additional 70,961 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in Goldman Sachs MarketBeta International Equity ETF by 8.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 137,972 shares of the company’s stock valued at $10,367,000 after acquiring an additional 10,545 shares in the last quarter. Cetera Investment Advisers purchased a new position in Goldman Sachs MarketBeta International Equity ETF during the first quarter valued at approximately $7,430,000. Finally, Keebeck Wealth Management purchased a new position in Goldman Sachs MarketBeta International Equity ETF during the first quarter valued at approximately $3,232,000.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

Shares of GSID opened at $74.12 on Thursday. The business’s 50-day moving average is $76.81 and its two-hundred day moving average is $75.29. The company has a market capitalization of $985.80 million, a P/E ratio of 16.38 and a beta of 0.84. Goldman Sachs MarketBeta International Equity ETF has a fifty-two week low of $65.01 and a fifty-two week high of $78.82.

Goldman Sachs MarketBeta International Equity ETF Company Profile

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.