Goldman Sachs India Equity ETF (NASDAQ:GIND) Short Interest Update

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,035 shares, a drop of 35.6% from the June 30th total of 6,263 shares. Based on an average trading volume of 7,614 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Orange County Employees Retirement System acquired a new position in Goldman Sachs India Equity ETF during the fourth quarter worth $75,347,000. Circle Wealth Management LLC bought a new stake in Goldman Sachs India Equity ETF during the fourth quarter worth $27,422,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs India Equity ETF by 61.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock valued at $19,419,000 after acquiring an additional 279,928 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Goldman Sachs India Equity ETF in the third quarter valued at $1,126,000. Finally, Jane Street Group LLC bought a new position in shares of Goldman Sachs India Equity ETF in the 2nd quarter valued at about $995,000.

Goldman Sachs India Equity ETF Stock Performance

NASDAQ GIND traded up $0.05 during trading on Friday, hitting $24.64. The stock had a trading volume of 1,731 shares, compared to its average volume of 18,295. Goldman Sachs India Equity ETF has a 12 month low of $21.43 and a 12 month high of $27.60. The company’s 50-day moving average price is $24.02 and its two-hundred day moving average price is $24.09. The company has a market capitalization of $167.55 million, a PE ratio of 25.78 and a beta of 0.92.

About Goldman Sachs India Equity ETF

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.