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

Goldman Sachs India Equity ETF (NASDAQ:GIND) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 14,005 shares, a growth of 120.1% from the May 31st total of 6,363 shares. Based on an average trading volume of 7,142 shares, the short-interest ratio is currently 2.0 days. Approximately 0.2% of the company’s stock are sold short.

Goldman Sachs India Equity ETF Price Performance

Shares of GIND traded up $0.07 during midday trading on Wednesday, reaching $24.44. The stock had a trading volume of 6,142 shares, compared to its average volume of 19,586. Goldman Sachs India Equity ETF has a 1-year low of $21.43 and a 1-year high of $27.85. The company’s fifty day simple moving average is $23.83 and its two-hundred day simple moving average is $24.40. The company has a market cap of $163.75 million, a price-to-earnings ratio of 25.78 and a beta of 1.04.

Institutional Trading of Goldman Sachs India Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Raab & Moskowitz Asset Management LLC boosted its position in shares of Goldman Sachs India Equity ETF by 19.5% during the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 23,300 shares of the company’s stock worth $603,000 after acquiring an additional 3,800 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs India Equity ETF during the 2nd quarter worth about $995,000. Susquehanna International Group LLP purchased a new stake in Goldman Sachs India Equity ETF during the third quarter worth approximately $1,126,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs India Equity ETF by 61.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock worth $19,419,000 after purchasing an additional 279,928 shares during the last quarter. Finally, Circle Wealth Management LLC acquired a new position in Goldman Sachs India Equity ETF in the fourth quarter valued at approximately $27,422,000.

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.