Short Interest in Goldman Sachs India Equity ETF (NASDAQ:GIND) Drops By 35.6%

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,035 shares, a decrease of 35.6% from the June 30th total of 6,263 shares. Based on an average trading volume of 7,614 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Goldman Sachs India Equity ETF

Several large investors have recently modified their holdings of GIND. Jane Street Group LLC bought a new stake in Goldman Sachs India Equity ETF in the second quarter valued at about $995,000. Susquehanna International Group LLP acquired a new stake in Goldman Sachs India Equity ETF during the third quarter valued at approximately $1,126,000. Goldman Sachs Group Inc. lifted its holdings in Goldman Sachs India Equity ETF by 61.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock worth $19,419,000 after buying an additional 279,928 shares during the last quarter. Circle Wealth Management LLC bought a new position in Goldman Sachs India Equity ETF during the 4th quarter worth approximately $27,422,000. Finally, Orange County Employees Retirement System acquired a new position in shares of Goldman Sachs India Equity ETF in the 4th quarter worth approximately $75,347,000.

Goldman Sachs India Equity ETF Price Performance

Shares of GIND stock opened at $24.64 on Friday. The firm has a fifty day moving average of $24.04 and a two-hundred day moving average of $24.10. The firm has a market cap of $167.55 million, a P/E ratio of 25.78 and a beta of 0.92. Goldman Sachs India Equity ETF has a 1-year low of $21.43 and a 1-year high of $27.60.

Goldman Sachs India Equity ETF Company Profile

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.