Short Interest in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Increases By 29.2%

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 34,500 shares, an increase of 29.2% from the October 15th total of 26,700 shares. Based on an average trading volume of 50,500 shares, the days-to-cover ratio is presently 0.7 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 1.6 %

GPIQ traded down $0.76 during trading hours on Friday, hitting $48.27. The company’s stock had a trading volume of 48,664 shares, compared to its average volume of 50,781. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $41.85 and a fifty-two week high of $49.81. The company has a 50-day simple moving average of $47.63 and a 200 day simple moving average of $47.04. The firm has a market capitalization of $241.35 million, a PE ratio of 30.31 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Monday, November 4th were issued a $0.4137 dividend. This represents a $4.96 annualized dividend and a dividend yield of 10.28%. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $230,000. Avaii Wealth Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter valued at about $271,000. Castle Rock Wealth Management LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $282,000. XML Financial LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at approximately $700,000. Finally, M Holdings Securities Inc. lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 142.1% in the 3rd quarter. M Holdings Securities Inc. now owns 16,266 shares of the company’s stock valued at $780,000 after acquiring an additional 9,546 shares in the last quarter.

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.