Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Up 234.4% in February

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

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

Several institutional investors have recently bought and sold shares of the business. US Bancorp DE lifted its position in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after buying an additional 625 shares in the last quarter. Private Trust Co. NA grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% during the 3rd quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock worth $159,000 after purchasing an additional 1,100 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $193,000. Janney Montgomery Scott LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth $201,000. Finally, Park Avenue Securities LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth about $249,000.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 0.1 %

Shares of NASDAQ:GPIX traded up $0.03 during trading on Friday, hitting $48.96. The stock had a trading volume of 75,411 shares, compared to its average volume of 181,097. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $44.06 and a 12-month high of $50.84. The stock has a market capitalization of $425.96 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. The stock has a 50-day simple moving average of $49.98 and a two-hundred day simple moving average of $49.35.

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

The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were issued a $0.3575 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

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.