Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Stock Short Interest Rises 9,446.2%

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 1,241 shares, a growth of 9,446.2% from the October 15th total of 13 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,427 shares, the days-to-cover ratio is currently 0.9 days.

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

A number of institutional investors have recently added to or reduced their stakes in GSEE. StoneX Group Inc. purchased a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the third quarter valued at about $3,342,000. Commonwealth Equity Services LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter valued at about $3,237,000. Root Financial Partners LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter valued at about $55,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the second quarter valued at about $170,000. Finally, Citadel Advisors LLC boosted its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% in the 2nd quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock valued at $2,348,000 after buying an additional 28,373 shares in the last quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Down 0.8%

Shares of BATS:GSEE traded down $0.49 on Tuesday, reaching $62.42. The company had a trading volume of 661 shares, compared to its average volume of 4,290. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 52-week low of $54.71 and a 52-week high of $74.01. The firm’s 50 day simple moving average is $67.22 and its 200-day simple moving average is $65.82. The firm has a market capitalization of $143.57 million, a PE ratio of 15.21 and a beta of 0.61.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Company Profile

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.