Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Update

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 842,803 shares, an increase of 143.8% from the April 30th total of 345,719 shares. Based on an average daily trading volume, of 802,180 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.2% of the company’s stock are sold short.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1%

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $56.09 on Friday. The company has a 50 day moving average of $53.01 and a 200-day moving average of $52.69. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $47.49 and a twelve month high of $56.19. The stock has a market capitalization of $3.81 billion, a PE ratio of 25.98 and a beta of 0.84.

Goldman Sachs S&P 500 Core Premium Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were paid a $0.3831 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Large investors have recently added to or reduced their stakes in the company. Manchester Capital Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at about $30,000. Physician Wealth Advisors Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $31,000. Private Wealth Asset Management LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $34,000. CoreCap Advisors LLC lifted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% in the 4th quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after acquiring an additional 676 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the 3rd quarter valued at approximately $42,000.

About Goldman Sachs S&P 500 Core Premium Income ETF

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.