Short Interest in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Increases By 183.2%

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 28,600 shares, a growth of 183.2% from the January 31st total of 10,100 shares. Based on an average daily trading volume, of 137,200 shares, the days-to-cover ratio is currently 0.2 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of NASDAQ:GPIQ traded up $0.23 during midday trading on Friday, hitting $47.82. The company’s stock had a trading volume of 96,821 shares, compared to its average volume of 172,904. The stock has a market capitalization of $387.30 million, a price-to-earnings ratio of 30.31 and a beta of 1.02. The stock’s 50 day simple moving average is $49.59 and its 200 day simple moving average is $48.47. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $42.01 and a fifty-two week high of $50.85.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.4377 per share. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. EP Wealth Advisors LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter worth $7,481,000. MGO One Seven LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $6,535,000. XML Financial LLC increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 799.5% in the 4th quarter. XML Financial LLC now owns 135,228 shares of the company’s stock valued at $6,630,000 after buying an additional 120,194 shares in the last quarter. LPL Financial LLC increased its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 33.3% during the 4th quarter. LPL Financial LLC now owns 395,447 shares of the company’s stock worth $19,389,000 after purchasing an additional 98,756 shares in the last quarter. Finally, Blueprint Investment Partners LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth about $4,829,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

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.