Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) Short Interest Up 35.1% in February

Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 11,043 shares, an increase of 35.1% from the January 29th total of 8,174 shares. Based on an average daily volume of 12,126 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 12,126 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Goldman Sachs Hedge Industry VIP ETF

A number of institutional investors have recently added to or reduced their stakes in GVIP. Northwestern Mutual Wealth Management Co. increased its position in Goldman Sachs Hedge Industry VIP ETF by 31.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 698 shares of the company’s stock worth $107,000 after purchasing an additional 166 shares during the period. JPMorgan Chase & Co. acquired a new position in Goldman Sachs Hedge Industry VIP ETF during the third quarter worth $132,000. Level Four Advisory Services LLC purchased a new position in Goldman Sachs Hedge Industry VIP ETF in the second quarter worth $204,000. Investment Partners Asset Management Inc. acquired a new stake in Goldman Sachs Hedge Industry VIP ETF in the third quarter valued at $205,000. Finally, Strategic Blueprint LLC purchased a new stake in shares of Goldman Sachs Hedge Industry VIP ETF during the 4th quarter worth $208,000.

Goldman Sachs Hedge Industry VIP ETF Stock Performance

GVIP traded down $0.82 during trading on Monday, hitting $155.58. The stock had a trading volume of 7,458 shares, compared to its average volume of 11,626. The firm has a market capitalization of $451.18 million, a P/E ratio of 28.77 and a beta of 1.06. The company’s 50-day moving average price is $157.90 and its 200 day moving average price is $153.24. Goldman Sachs Hedge Industry VIP ETF has a twelve month low of $100.33 and a twelve month high of $163.41.

Goldman Sachs Hedge Industry VIP ETF Company Profile

The Goldman Sachs Hedge Industry VIP ETF (GVIP) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund tracks an equal-weighted index of the 50 most-frequently held US companies selected from the portfolios of hedge funds. GVIP was launched on Nov 1, 2016 and is managed by Goldman Sachs.