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

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 14,837 shares, a drop of 97.6% from the December 31st total of 612,170 shares. Based on an average daily trading volume, of 836,640 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 836,640 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Institutional investors have recently bought and sold shares of the company. Glenmede Investment Management LP acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth approximately $37,000. Ashton Thomas Securities LLC purchased a new position in Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth approximately $38,000. Independence Bank of Kentucky acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the second quarter worth $40,000. Miller Global Investments LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth $43,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at $49,000.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 1.0%

NYSEARCA:GSIE traded down $0.46 during trading hours on Wednesday, hitting $44.80. The company had a trading volume of 313,890 shares, compared to its average volume of 717,382. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $31.73 and a 1 year high of $45.34. The company has a market cap of $5.26 billion, a P/E ratio of 15.44 and a beta of 0.84. The company has a 50-day moving average of $42.87 and a 200 day moving average of $41.53.

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.