Short Interest in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Increases By 2,325.6%

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 367,594 shares, a growth of 2,325.6% from the February 12th total of 15,155 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 379,471 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 379,471 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. IFC & Insurance Marketing Inc. bought a new position in Goldman Sachs ActiveBeta International Equity ETF during the 4th quarter valued at about $31,000. Glenmede Investment Management LP purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth approximately $37,000. Ashton Thomas Securities LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter worth approximately $38,000. Miller Global Investments LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter worth approximately $43,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at $49,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of Goldman Sachs ActiveBeta International Equity ETF stock traded up $0.13 during trading on Tuesday, hitting $44.14. The company’s stock had a trading volume of 1,779,485 shares, compared to its average volume of 624,926. Goldman Sachs ActiveBeta International Equity ETF has a 52 week low of $31.73 and a 52 week high of $46.86. The company has a market capitalization of $5.19 billion, a PE ratio of 15.44 and a beta of 0.84. The company has a fifty day simple moving average of $44.87 and a two-hundred day simple moving average of $42.69.

About Goldman Sachs ActiveBeta International Equity ETF

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.