Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Short Interest Down 45.3% in July

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 182,746 shares, a decline of 45.3% from the July 15th total of 333,940 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 425,240 shares, the days-to-cover ratio is currently 0.4 days.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.2%

GSIE stock traded down $0.11 during trading on Monday, hitting $48.18. The company had a trading volume of 380,686 shares, compared to its average volume of 507,088. The stock has a market cap of $6.15 billion, a PE ratio of 15.44 and a beta of 0.77. The business has a 50-day moving average of $46.35 and a 200-day moving average of $45.45. Goldman Sachs ActiveBeta International Equity ETF has a one year low of $39.95 and a one year high of $48.38.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of institutional investors have recently modified their holdings of GSIE. Wells Fargo & Company MN raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after buying an additional 747,167 shares during the last quarter. Annex Advisory Services LLC boosted its position in Goldman Sachs ActiveBeta International Equity ETF by 10.9% during the second quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock valued at $282,739,000 after acquiring an additional 609,836 shares during the last quarter. Bank of America Corp DE boosted its position in Goldman Sachs ActiveBeta International Equity ETF by 30.3% during the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock valued at $179,136,000 after acquiring an additional 1,050,477 shares during the last quarter. Morgan Stanley boosted its position in Goldman Sachs ActiveBeta International Equity ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 3,313,212 shares of the company’s stock valued at $142,269,000 after acquiring an additional 19,726 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 231.5% during the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock worth $87,320,000 after acquiring an additional 1,413,784 shares during the period.

About Goldman Sachs ActiveBeta International Equity ETF

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.