Grayscale Sui Staking ETF (NYSEARCA:GSUI) Short Interest Down 42.7% in June

Grayscale Sui Staking ETF (NYSEARCA:GSUI) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 9,578 shares, a drop of 42.7% from the May 31st total of 16,730 shares. Based on an average daily volume of 57,176 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the shares of the company are sold short.

Grayscale Sui Staking ETF Stock Performance

Shares of GSUI opened at $10.65 on Friday. The company’s fifty day moving average price is $12.94 and its 200 day moving average price is $15.78. Grayscale Sui Staking ETF has a one year low of $9.47 and a one year high of $34.40.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.