Goldman Sachs India Equity ETF (NASDAQ:GIND) Sees Significant Decline in Short Interest

Goldman Sachs India Equity ETF (NASDAQ:GIND) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,783 shares, a decline of 85.1% from the April 15th total of 11,988 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 10,812 shares, the short-interest ratio is presently 0.2 days.

Goldman Sachs India Equity ETF Price Performance

Goldman Sachs India Equity ETF stock traded down $0.59 during midday trading on Tuesday, reaching $23.25. The stock had a trading volume of 4,484 shares, compared to its average volume of 22,600. The firm’s fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $25.17. Goldman Sachs India Equity ETF has a twelve month low of $21.43 and a twelve month high of $29.52. The firm has a market cap of $155.78 million, a price-to-earnings ratio of 25.78 and a beta of 1.83.

Hedge Funds Weigh In On Goldman Sachs India Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Circle Wealth Management LLC acquired a new stake in Goldman Sachs India Equity ETF in the 4th quarter worth approximately $27,422,000. Goldman Sachs Group Inc. raised its position in shares of Goldman Sachs India Equity ETF by 61.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock valued at $19,419,000 after purchasing an additional 279,928 shares during the period. Orange County Employees Retirement System acquired a new stake in shares of Goldman Sachs India Equity ETF in the fourth quarter worth $75,347,000. Raab & Moskowitz Asset Management LLC lifted its stake in shares of Goldman Sachs India Equity ETF by 19.5% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 23,300 shares of the company’s stock worth $603,000 after buying an additional 3,800 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Goldman Sachs India Equity ETF during the 3rd quarter worth $1,126,000.

About Goldman Sachs India Equity ETF

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.