Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Up 203.7% in December

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 407,644 shares, an increase of 203.7% from the December 15th total of 134,235 shares. Based on an average daily volume of 972,713 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 972,713 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GPIQ. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at $25,000. Steward Partners Investment Advisory LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth about $49,000. Comerica Bank purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $102,000. Advisory Services Network LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth approximately $104,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth $110,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of NASDAQ GPIQ traded down $0.14 during mid-day trading on Tuesday, hitting $53.25. The company had a trading volume of 641,901 shares, compared to its average volume of 1,175,153. The firm has a market cap of $2.68 billion, a P/E ratio of 33.26 and a beta of 0.95. The business’s 50-day simple moving average is $52.81 and its 200-day simple moving average is $51.78. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $38.13 and a 12 month high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, January 8th. Stockholders of record on Friday, January 2nd were given a dividend of $0.4633 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.