Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Up 33.5% in January

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 28,402 shares, an increase of 33.5% from the January 15th total of 21,269 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 176,050 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 176,050 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 1.1%

Shares of GSSC traded up $0.86 during trading hours on Monday, reaching $79.27. The stock had a trading volume of 31,491 shares, compared to its average volume of 80,706. The company has a market cap of $776.85 million, a P/E ratio of 15.78 and a beta of 1.06. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $54.91 and a 52 week high of $81.91. The firm has a 50-day moving average of $78.45 and a 200 day moving average of $75.53.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several institutional investors have recently modified their holdings of GSSC. Kestra Advisory Services LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 4th quarter valued at approximately $472,000. Integrated Wealth Concepts LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 8.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 4,645 shares of the company’s stock valued at $351,000 after buying an additional 379 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,904.0% in the fourth quarter. Wells Fargo & Company MN now owns 20,701 shares of the company’s stock valued at $1,566,000 after buying an additional 19,668 shares during the period. Jane Street Group LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $1,503,000. Finally, Elevation Point Wealth Partners LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 316.2% during the fourth quarter. Elevation Point Wealth Partners LLC now owns 65,930 shares of the company’s stock worth $4,986,000 after acquiring an additional 50,088 shares in the last quarter.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.