Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) Short Interest Up 8,736.6% in July

Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 66,186 shares, an increase of 8,736.6% from the June 30th total of 749 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 6,502 shares, the days-to-cover ratio is presently 10.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta Total International Equity ETF stock. Royal Bank of Canada acquired a new stake in Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,565 shares of the company’s stock, valued at approximately $259,000.

Goldman Sachs MarketBeta Total International Equity ETF Stock Down 0.1%

Shares of NYSEARCA:GXUS traded down $0.08 during trading on Friday, reaching $61.86. The stock had a trading volume of 279 shares, compared to its average volume of 1,493. The stock has a market cap of $618.60 million, a P/E ratio of 15.88 and a beta of 0.71. The business has a fifty day moving average price of $62.76 and a 200-day moving average price of $60.51. Goldman Sachs MarketBeta Total International Equity ETF has a fifty-two week low of $48.81 and a fifty-two week high of $64.74.

About Goldman Sachs MarketBeta Total International Equity ETF

The Goldman Sachs MarketBeta Total International Equity ETF (GXUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks from around the world, outside of the United States, representing 85% of the publicly available market. GXUS was launched on May 31, 2023 and is managed by Goldman Sachs.