Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Sees Significant Growth in Short Interest

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 71,900 shares, a growth of 234.4% from the January 31st total of 21,500 shares. Based on an average trading volume of 151,200 shares, the short-interest ratio is currently 0.5 days.

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

GPIX opened at $49.51 on Friday. The stock has a market capitalization of $430.74 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. The company has a fifty day moving average of $49.97 and a 200 day moving average of $49.39. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $44.06 and a fifty-two week high of $50.84.

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

The business also recently announced a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were paid a dividend of $0.3575 per share. The ex-dividend date was Monday, February 3rd.

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

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at $1,891,000. Park Avenue Securities LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at $249,000. Janney Montgomery Scott LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at $201,000. Synergy Financial Group LTD bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at $291,000. Finally, Apollon Wealth Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter valued at $1,354,000.

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.