Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Short Interest Update

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 29,923 shares, a drop of 77.0% from the April 15th total of 130,095 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 116,770 shares, the short-interest ratio is currently 0.3 days.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Up 0.6%

BATS GSUS traded up $0.66 during midday trading on Wednesday, hitting $102.41. The company had a trading volume of 177,017 shares, compared to its average volume of 125,057. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The firm has a fifty day simple moving average of $94.36 and a two-hundred day simple moving average of $94.46. Goldman Sachs MarketBeta U.S. Equity ETF has a fifty-two week low of $79.61 and a fifty-two week high of $102.50.

Hedge Funds Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GSUS. CWM LLC raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% during the third quarter. CWM LLC now owns 318 shares of the company’s stock worth $29,000 after buying an additional 138 shares during the last quarter. Lantern Wealth Advisors LLC raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.3% during the third quarter. Lantern Wealth Advisors LLC now owns 7,388 shares of the company’s stock worth $683,000 after buying an additional 375 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 12,352 shares of the company’s stock worth $1,166,000 after buying an additional 438 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock worth $75,000 after buying an additional 486 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter worth approximately $42,000.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.