Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) Stock Short Interest Falls 43.1%

Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 917 shares, a decline of 43.1% from the September 30th total of 1,613 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 306 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Total International Equity ETF

A hedge fund recently bought a new position in Goldman Sachs MarketBeta Total International Equity ETF stock. Royal Bank of Canada acquired a new position in Goldman Sachs MarketBeta Total International Equity ETF (NYSEARCA:GXUS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,565 shares of the company’s stock, valued at approximately $259,000.

Goldman Sachs MarketBeta Total International Equity ETF Stock Performance

Shares of NYSEARCA GXUS traded up $0.15 during midday trading on Monday, hitting $60.72. 840 shares of the company’s stock traded hands, compared to its average volume of 1,615. The firm has a fifty day moving average of $63.13 and a 200 day moving average of $61.57. Goldman Sachs MarketBeta Total International Equity ETF has a 1 year low of $49.89 and a 1 year high of $65.52. The stock has a market capitalization of $613.27 million, a price-to-earnings ratio of 15.88 and a beta of 0.72.

Goldman Sachs MarketBeta Total International Equity ETF Company Profile

The Goldman Sachs MarketBeta Total International Equity ETF (GXUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks from around the world, outside of the United States, representing 85% of the publicly available market. GXUS was launched on May 31, 2023 and is managed by Goldman Sachs.