Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Short Interest Up 106.7% in August

by · The Markets Daily

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 124 shares, an increase of 106.7% from the August 15th total of 60 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,184 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the second quarter valued at $170,000. Jane Street Group LLC purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 4th quarter valued at about $320,000. LPL Financial LLC increased its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% during the 4th quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock valued at $506,000 after purchasing an additional 3,195 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 4th quarter valued at about $1,869,000. Finally, Citadel Advisors LLC raised its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% in the second quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock worth $2,348,000 after buying an additional 28,373 shares during the last quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Down 2.5%

BATS GSEE opened at $68.11 on Monday. The company has a 50-day simple moving average of $67.90 and a two-hundred day simple moving average of $66.21. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 12-month low of $54.33 and a 12-month high of $74.01. The firm has a market cap of $156.66 million, a price-to-earnings ratio of 15.21 and a beta of 0.61.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

(Get Free Report)

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.

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