Grayscale Sui Staking ETF (NYSEARCA:GSUI) Sees Large Increase in Short Interest

Grayscale Sui Staking ETF (NYSEARCA:GSUI) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 110,061 shares, a growth of 109.8% from the September 15th total of 52,448 shares. Based on an average daily volume of 143,041 shares, the days-to-cover ratio is presently 0.8 days. Currently, 5.0% of the shares of the stock are sold short.

Grayscale Sui Staking ETF Stock Down 3.5%

Shares of GSUI stock traded down $0.53 during trading on Wednesday, hitting $14.76. The company had a trading volume of 63,810 shares, compared to its average volume of 45,964. Grayscale Sui Staking ETF has a 52 week low of $9.44 and a 52 week high of $34.40. The stock’s 50-day moving average is $12.49 and its two-hundred day moving average is $12.54.

Grayscale Sui Staking ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were given a dividend of $0.0142 per share. This represents a $0.17 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, October 5th.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.