Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Short Interest Up 932.3% in May

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 46,443 shares, an increase of 932.3% from the May 14th total of 4,499 shares. Based on an average daily volume of 22,673 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.2% of the shares of the company are sold short.

Goldman Sachs Small Cap Core Equity ETF Stock Up 2.8%

Shares of GSC traded up $1.73 during midday trading on Thursday, reaching $64.05. 7,634 shares of the stock were exchanged, compared to its average volume of 21,707. Goldman Sachs Small Cap Core Equity ETF has a twelve month low of $48.63 and a twelve month high of $64.34. The company has a market cap of $256.20 million, a P/E ratio of 22.22 and a beta of 1.14. The stock’s 50 day simple moving average is $60.09 and its 200 day simple moving average is $57.77.

Institutional Investors Weigh In On Goldman Sachs Small Cap Core Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Legacy Edge Advisors LLC acquired a new stake in shares of Goldman Sachs Small Cap Core Equity ETF during the fourth quarter worth $484,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Goldman Sachs Small Cap Core Equity ETF by 101.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 31,461 shares of the company’s stock worth $1,787,000 after buying an additional 15,814 shares in the last quarter. Vise Technologies Inc. acquired a new stake in shares of Goldman Sachs Small Cap Core Equity ETF during the fourth quarter worth $689,000. MGO One Seven LLC acquired a new stake in shares of Goldman Sachs Small Cap Core Equity ETF during the fourth quarter worth $746,000. Finally, Miller Global Investments LLC acquired a new stake in shares of Goldman Sachs Small Cap Core Equity ETF during the fourth quarter worth $447,000.

Goldman Sachs Small Cap Core Equity ETF Company Profile

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.