Short Interest in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Expands By 56.1%

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 26,700 shares, an increase of 56.1% from the September 30th total of 17,100 shares. Based on an average daily volume of 57,800 shares, the short-interest ratio is presently 0.5 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.5 %

Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF stock traded up $0.23 on Friday, reaching $48.21. The company’s stock had a trading volume of 56,829 shares, compared to its average volume of 47,628. The company has a market capitalization of $231.41 million, a price-to-earnings ratio of 30.31 and a beta of 1.02. The firm’s fifty day simple moving average is $47.11 and its two-hundred day simple moving average is $46.69. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.66 and a 52 week high of $49.81.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Wednesday, October 2nd were issued a $0.4185 dividend. This represents a $5.02 dividend on an annualized basis and a dividend yield of 10.42%. The ex-dividend date was Wednesday, October 2nd.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several large investors have recently modified their holdings of GPIQ. Avaii Wealth Management LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $271,000. Castle Rock Wealth Management LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $282,000. Delta Investment Management LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth $424,000. Semus Wealth Partners LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth $480,000. Finally, XML Financial LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth $700,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.