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

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1 shares, a decline of 99.2% from the August 31st total of 124 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,622 shares, the days-to-cover ratio is currently 0.0 days.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Performance

Shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF stock traded down $0.47 on Thursday, reaching $69.17. 263 shares of the company’s stock were exchanged, compared to its average volume of 4,653. The company has a market capitalization of $159.09 million, a P/E ratio of 15.21 and a beta of 0.61. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 52 week low of $54.33 and a 52 week high of $74.01. The firm’s 50-day moving average is $68.05 and its two-hundred day moving average is $66.56.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

Large investors have recently made changes to their positions in the company. Bank of America Corp DE bought a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the first quarter worth approximately $3,374,000. Citadel Advisors LLC raised its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% during the second quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock worth $2,348,000 after purchasing an additional 28,373 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 2nd quarter valued at $170,000.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Company Profile

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.