Goldman Sachs India Equity ETF (NASDAQ:GIND) Sees Large Increase in Short Interest

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 26,994 shares, a growth of 888.8% from the September 30th total of 2,730 shares. Based on an average trading volume of 9,406 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.4% of the company’s shares are sold short.

Goldman Sachs India Equity ETF Trading Up 0.3%

Goldman Sachs India Equity ETF stock traded up $0.07 during mid-day trading on Monday, hitting $22.96. The stock had a trading volume of 1,410 shares, compared to its average volume of 14,161. The stock has a 50-day simple moving average of $24.22 and a two-hundred day simple moving average of $24.20. The stock has a market capitalization of $153.87 million, a PE ratio of 25.78 and a beta of 0.92. Goldman Sachs India Equity ETF has a 12 month low of $21.43 and a 12 month high of $27.36.

Goldman Sachs India Equity ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.1731 per share. The ex-dividend date was Thursday, September 24th. This represents a $0.69 dividend on an annualized basis and a yield of 3.0%.

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.