Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Up 70.9% in June

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a large increase in short interest in June. As of June 30th, there was short interest totalling 36,400 shares, an increase of 70.9% from the June 15th total of 21,300 shares. Based on an average daily trading volume, of 43,800 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 209,827 shares of the company’s stock worth $9,770,000 after purchasing an additional 7,797 shares during the period. Patten & Patten Inc. TN purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth $1,038,000. XML Financial LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth $700,000. Semus Wealth Partners LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth $480,000. Finally, Delta Investment Management LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth $424,000.

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

NASDAQ:GPIQ traded up $0.24 during trading hours on Friday, hitting $48.82. The company had a trading volume of 77,822 shares, compared to its average volume of 33,567. The company has a 50-day moving average of $47.28 and a 200 day moving average of $45.92. The company has a market cap of $107.40 million, a P/E ratio of 30.31 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $38.66 and a 1 year high of $49.81.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Tuesday, July 2nd were issued a dividend of $0.4197 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 10.32%. The ex-dividend date was Tuesday, July 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.