Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 34,500 shares, a growth of 29.2% from the October 15th total of 26,700 shares. Based on an average trading volume of 50,500 shares, the days-to-cover ratio is presently 0.7 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

GPIQ stock opened at $48.12 on Friday. The stock has a market capitalization of $240.60 million, a price-to-earnings ratio of 30.31 and a beta of 1.02. The business has a fifty day moving average price of $47.70 and a 200 day moving average price of $47.08. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $41.85 and a fifty-two week high of $49.81.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Monday, November 4th were given a dividend of $0.4137 per share. The ex-dividend date was Monday, November 4th. This represents a $4.96 annualized dividend and a yield of 10.32%.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Great Valley Advisor Group Inc. acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at approximately $230,000. Avaii Wealth Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at about $271,000. Castle Rock Wealth Management LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $282,000. International Assets Investment Management LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter worth about $4,910,000. Finally, XML Financial LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter valued at about $700,000.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.