Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Short Interest Up 98.8% in August

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

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Goldman Sachs ActiveBeta International Equity ETF by 65.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 108,298 shares of the company’s stock worth $4,295,000 after purchasing an additional 43,009 shares in the last quarter. Quantinno Capital Management LP raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 30.7% during the 2nd quarter. Quantinno Capital Management LP now owns 123,189 shares of the company’s stock valued at $4,886,000 after purchasing an additional 28,916 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% in the second quarter. Raymond James Financial Inc. now owns 856,839 shares of the company’s stock valued at $33,982,000 after purchasing an additional 11,152 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.0% in the second quarter. AQR Capital Management LLC now owns 516,626 shares of the company’s stock valued at $20,489,000 after purchasing an additional 5,264 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% in the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock worth $179,136,000 after buying an additional 1,050,477 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

NYSEARCA GSIE traded down $0.17 on Monday, hitting $47.80. 228,320 shares of the company were exchanged, compared to its average volume of 497,527. Goldman Sachs ActiveBeta International Equity ETF has a twelve month low of $39.95 and a twelve month high of $48.49. The firm has a market capitalization of $6.10 billion, a P/E ratio of 15.44 and a beta of 0.77. The company’s 50 day moving average price is $46.79 and its 200-day moving average price is $45.66.

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.