Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Sees Significant Increase in Short Interest

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,241 shares, a growth of 9,446.2% from the October 15th total of 13 shares. Based on an average trading volume of 1,427 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the company’s shares are short sold.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Price Performance

BATS:GSEE opened at $63.95 on Thursday. The company’s 50-day moving average is $67.00 and its two-hundred day moving average is $65.85. The firm has a market capitalization of $147.09 million, a price-to-earnings ratio of 15.21 and a beta of 0.61. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 1-year low of $54.71 and a 1-year high of $74.01.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the third quarter worth about $55,000. Integrated Wealth Concepts LLC acquired a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the second quarter valued at approximately $170,000. Citadel Advisors LLC raised its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% during the 2nd quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock worth $2,348,000 after acquiring an additional 28,373 shares in the last quarter. Commonwealth Equity Services LLC purchased a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 3rd quarter worth approximately $3,237,000. Finally, StoneX Group Inc. acquired a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 3rd quarter worth $3,342,000.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

(Get Free Report)

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.

Further Reading

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