Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Down 66.7% in June

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 4,887 shares, a decline of 66.7% from the June 15th total of 14,656 shares. Based on an average daily volume of 5,537 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Goldman Sachs ActiveBeta Europe Equity ETF Trading Up 0.6%

GSEU traded up $0.30 on Tuesday, hitting $48.45. 6,112 shares of the stock traded hands, compared to its average volume of 11,893. The firm has a market capitalization of $121.12 million, a PE ratio of 15.76 and a beta of 0.83. Goldman Sachs ActiveBeta Europe Equity ETF has a 52 week low of $40.90 and a 52 week high of $50.08. The business has a fifty day moving average price of $48.50 and a two-hundred day moving average price of $47.47.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

Large investors have recently modified their holdings of the stock. SHP Wealth Management acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 4th quarter worth about $74,000. Founders Financial Securities LLC bought a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the fourth quarter valued at approximately $209,000. Legacy Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth $227,000. Citadel Advisors LLC bought a new stake in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at about $313,000. Finally, Wealthfront Advisers LLC increased its holdings in Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% in the first quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock valued at $742,000 after purchasing an additional 3,417 shares during the last quarter.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.