Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Short Interest Update

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,549 shares, a decrease of 93.4% from the April 30th total of 23,472 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 2,039 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in GSEE. Citadel Advisors LLC increased its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% during the third quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock worth $4,364,000 after acquiring an additional 35,418 shares during the last quarter. LPL Financial LLC increased its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% in the fourth quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock worth $506,000 after acquiring an additional 3,195 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the fourth quarter worth $1,869,000. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the fourth quarter worth $320,000. Finally, OLD Mission Capital LLC increased its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% in the fourth quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after acquiring an additional 23,350 shares in the last quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Performance

Shares of GSEE stock opened at $70.55 on Friday. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a one year low of $47.07 and a one year high of $70.97. The company has a 50 day moving average price of $64.09 and a 200 day moving average price of $60.91. The firm has a market capitalization of $162.27 million, a price-to-earnings ratio of 15.21 and a beta of 0.61.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.