Goldman Sachs India Equity ETF (NASDAQ:GIND) Stock Short Interest Climbs 65.9%

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 4,473 shares, a growth of 65.9% from the August 31st total of 2,696 shares. Based on an average daily volume of 3,692 shares, the short-interest ratio is presently 1.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Goldman Sachs India Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs India Equity ETF stock. Circle Wealth Management LLC purchased a new stake in shares of Goldman Sachs India Equity ETF (NASDAQ:GIND) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,038,508 shares of the company’s stock, valued at approximately $27,422,000. Goldman Sachs India Equity ETF comprises about 0.4% of Circle Wealth Management LLC’s holdings, making the stock its 20th biggest position. Circle Wealth Management LLC owned about 19.23% of Goldman Sachs India Equity ETF at the end of the most recent reporting period.

Goldman Sachs India Equity ETF Stock Performance

Goldman Sachs India Equity ETF stock traded down $0.18 during mid-day trading on Thursday, reaching $23.25. 2,739 shares of the company were exchanged, compared to its average volume of 14,874. The business has a fifty day moving average of $24.65 and a 200 day moving average of $23.99. The firm has a market cap of $155.78 million, a P/E ratio of 25.78 and a beta of 0.88. Goldman Sachs India Equity ETF has a 12-month low of $21.43 and a 12-month high of $27.60.

Goldman Sachs India Equity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.1731 per share. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Thursday, September 24th.

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.