Short Interest in Goldman Sachs India Equity ETF (NASDAQ:GIND) Decreases By 55.3%

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6,263 shares, a decrease of 55.3% from the June 15th total of 14,005 shares. Based on an average trading volume of 15,584 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Goldman Sachs India Equity ETF Price Performance

Shares of NASDAQ GIND traded up $0.06 during mid-day trading on Tuesday, hitting $24.28. The company had a trading volume of 28,543 shares, compared to its average volume of 18,852. The company has a market capitalization of $165.10 million, a PE ratio of 25.78 and a beta of 0.92. Goldman Sachs India Equity ETF has a 1-year low of $21.43 and a 1-year high of $27.61. The business’s 50-day simple moving average is $23.87 and its 200 day simple moving average is $24.28.

Institutional Investors Weigh In On Goldman Sachs India Equity ETF

A number of hedge funds have recently bought and sold shares of the stock. Orange County Employees Retirement System purchased a new position in shares of Goldman Sachs India Equity ETF in the 4th quarter valued at about $75,347,000. Circle Wealth Management LLC purchased a new stake in shares of Goldman Sachs India Equity ETF during the fourth quarter worth approximately $27,422,000. Goldman Sachs Group Inc. raised its holdings in Goldman Sachs India Equity ETF by 61.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock valued at $19,419,000 after acquiring an additional 279,928 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in Goldman Sachs India Equity ETF in the third quarter valued at approximately $1,126,000. Finally, Jane Street Group LLC purchased a new position in Goldman Sachs India Equity ETF in the second quarter worth approximately $995,000.

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.