Short Interest in Grayscale Sui Staking ETF (NYSEARCA:GSUI) Expands By 6,028.2%

Grayscale Sui Staking ETF (NYSEARCA:GSUIGet Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 16,730 shares, a growth of 6,028.2% from the May 14th total of 273 shares. Based on an average trading volume of 161,026 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.0% of the shares of the stock are short sold.

Grayscale Sui Staking ETF Price Performance

Grayscale Sui Staking ETF stock opened at $10.92 on Wednesday. The business’s fifty day moving average is $13.89. Grayscale Sui Staking ETF has a 52-week low of $9.77 and a 52-week high of $34.40.

Goldman Sachs Ultra-Short Duration Income ETF (NYSEARCA: GSUI) is an exchange-traded fund managed by Goldman Sachs Asset Management. The fund is designed to provide investors with current income while seeking to limit interest-rate sensitivity through a portfolio focused on very short-duration fixed-income instruments. It is listed on the NYSE Arca and is offered as a liquid, ETF-format solution for investors looking to manage short-term cash or add a low-duration income sleeve to a broader fixed-income allocation.

The fund pursues its objective by constructing a diversified portfolio of short-term debt securities and cash-equivalent instruments.

Further Reading

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