Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Down 52.7% in May

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 33,824 shares, a decrease of 52.7% from the May 14th total of 71,576 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 25,020 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

A number of hedge funds have recently bought and sold shares of GSSC. Betterment LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% in the third quarter. Betterment LLC now owns 791,873 shares of the company’s stock valued at $59,303,000 after acquiring an additional 29,206 shares during the period. American National Bank & Trust raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.0% in the fourth quarter. American National Bank & Trust now owns 513,530 shares of the company’s stock valued at $38,838,000 after acquiring an additional 42,212 shares during the period. Vestmark Advisory Solutions Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the third quarter valued at $1,186,000. Stephens Inc. AR raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 114.0% in the fourth quarter. Stephens Inc. AR now owns 60,563 shares of the company’s stock valued at $4,580,000 after acquiring an additional 32,269 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the third quarter valued at $1,186,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.9%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF stock traded up $0.82 during mid-day trading on Friday, reaching $88.21. 27,833 shares of the company’s stock traded hands, compared to its average volume of 45,684. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 15.78 and a beta of 1.05. The stock has a 50 day moving average of $82.94 and a two-hundred day moving average of $79.37. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12-month low of $65.84 and a 12-month high of $88.90.

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.