Grayscale Sui Staking ETF (NYSEARCA:GSUI) Short Interest Down 98.1% in May

Grayscale Sui Staking ETF (NYSEARCA:GSUI) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 273 shares, a drop of 98.1% from the April 30th total of 14,494 shares. Based on an average daily trading volume, of 29,017 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Grayscale Sui Staking ETF Stock Performance

Grayscale Sui Staking ETF stock traded down $0.37 during trading on Wednesday, reaching $14.20. 40,116 shares of the company were exchanged, compared to its average volume of 34,372. Grayscale Sui Staking ETF has a 52-week low of $12.20 and a 52-week high of $34.40. The firm’s 50 day moving average price is $14.30.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.