Short Interest in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Rises By 159.3%

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 376,180 shares, an increase of 159.3% from the June 15th total of 145,063 shares. Based on an average daily volume of 902,591 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Performance

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $55.34 on Tuesday. The firm’s 50-day moving average is $55.17 and its 200-day moving average is $53.30. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $48.46 and a 1 year high of $56.19. The company has a market cap of $4.74 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The firm also recently disclosed a dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3937 per share. The ex-dividend date was Wednesday, July 1st.

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

A number of large investors have recently bought and sold shares of GPIX. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter worth approximately $1,534,000. Berger Financial Group Inc acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at approximately $2,039,000. Fortis Capital Advisors LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $712,000. Townsend Asset Management Corp NC ADV acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth $950,000. Finally, Requisite Capital Management LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% in the fourth quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock worth $119,925,000 after buying an additional 226,995 shares during the period.

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.