Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Sees Large Drop in Short Interest

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 30,295 shares, a decline of 85.6% from the June 30th total of 209,858 shares. Based on an average trading volume of 21,610 shares, the short-interest ratio is presently 1.4 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC increased its position in shares of Goldman Sachs MarketBeta International Equity ETF by 593.3% during the 2nd quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock valued at $2,573,000 after purchasing an additional 34,387 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Goldman Sachs MarketBeta International Equity ETF by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock worth $4,047,000 after buying an additional 610 shares during the last quarter. Citadel Advisors LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF in the 3rd quarter worth approximately $439,000. Sowell Financial Services LLC lifted its position in Goldman Sachs MarketBeta International Equity ETF by 6.3% in the 4th quarter. Sowell Financial Services LLC now owns 24,338 shares of the company’s stock worth $1,687,000 after buying an additional 1,446 shares during the last quarter. Finally, Drive Wealth Management LLC boosted its stake in Goldman Sachs MarketBeta International Equity ETF by 11.3% in the fourth quarter. Drive Wealth Management LLC now owns 48,989 shares of the company’s stock worth $3,396,000 after buying an additional 4,960 shares in the last quarter.

Goldman Sachs MarketBeta International Equity ETF Price Performance

GSID opened at $74.85 on Monday. The stock has a market cap of $995.50 million, a PE ratio of 16.38 and a beta of 0.84. Goldman Sachs MarketBeta International Equity ETF has a 52 week low of $62.50 and a 52 week high of $77.10. The business’s fifty day simple moving average is $75.14 and its 200 day simple moving average is $73.61.

About Goldman Sachs MarketBeta International Equity ETF

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.