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

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a drop of 88.9% from the July 15th total of 9 shares. Based on an average trading volume of 3,257 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. OLD Mission Capital LLC increased its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% in the fourth quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after purchasing an additional 23,350 shares during the period. Citadel Advisors LLC boosted its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% during the third quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock valued at $4,364,000 after buying an additional 35,418 shares during the period. Bank of America Corp DE bought a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the first quarter valued at $3,374,000. Commonwealth Equity Services LLC bought a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter valued at $1,869,000. Finally, LPL Financial LLC grew its position in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% during the fourth quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock worth $506,000 after buying an additional 3,195 shares in the last quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Up 0.2%

Shares of BATS:GSEE opened at $67.44 on Wednesday. The company has a 50 day moving average of $68.16 and a 200 day moving average of $65.07. The stock has a market cap of $155.11 million, a P/E ratio of 15.21 and a beta of 0.61. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 12 month low of $51.98 and a 12 month high of $74.01.

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.