Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Up 75.5% in August

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 63,900 shares, an increase of 75.5% from the July 31st total of 36,400 shares. Based on an average daily trading volume, of 80,000 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. GGM Financials LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $10,418,000. Mirae Asset Securities USA Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $2,400,000. Patten & Patten Inc. TN bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth approximately $1,038,000. Semus Wealth Partners LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 191.4% during the 2nd quarter. Semus Wealth Partners LLC now owns 30,046 shares of the company’s stock worth $1,443,000 after acquiring an additional 19,736 shares during the period. Finally, Private Advisor Group LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $822,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

NASDAQ:GPIQ opened at $46.58 on Thursday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $38.66 and a fifty-two week high of $49.81. The stock has a market capitalization of $167.69 million, a PE ratio of 30.31 and a beta of 1.02. The business’s 50-day simple moving average is $47.01 and its 200-day simple moving average is $46.36.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 8th. Investors of record on Friday, August 2nd were given a $0.4096 dividend. This represents a $4.92 dividend on an annualized basis and a yield of 10.55%. The ex-dividend date was Friday, August 2nd.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

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.