Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Large Growth in Short Interest

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 363,318 shares, an increase of 98.8% from the July 30th total of 182,746 shares. Based on an average daily volume of 391,922 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are sold short.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of GSIE stock opened at $47.97 on Friday. Goldman Sachs ActiveBeta International Equity ETF has a fifty-two week low of $39.95 and a fifty-two week high of $48.49. The stock has a 50 day simple moving average of $46.79 and a two-hundred day simple moving average of $45.66. The company has a market cap of $6.12 billion, a P/E ratio of 15.44 and a beta of 0.77.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of large investors have recently bought and sold shares of GSIE. Vise Technologies Inc. purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter valued at approximately $1,459,000. Thrivent Financial for Lutherans raised its position in Goldman Sachs ActiveBeta International Equity ETF by 5.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 608,263 shares of the company’s stock valued at $26,242,000 after buying an additional 33,385 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 23.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 330,044 shares of the company’s stock valued at $14,235,000 after acquiring an additional 63,469 shares in the last quarter. Brio Consultants LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 4.3% during the 4th quarter. Brio Consultants LLC now owns 1,022,545 shares of the company’s stock valued at $43,908,000 after acquiring an additional 42,332 shares in the last quarter. Finally, Manning & Napier Advisors LLC boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 11.0% during the 4th quarter. Manning & Napier Advisors LLC now owns 269,020 shares of the company’s stock worth $11,608,000 after acquiring an additional 26,726 shares during the last quarter.

About Goldman Sachs ActiveBeta International Equity ETF

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.