Short Interest in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Grows By 88.6%

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 75,542 shares, an increase of 88.6% from the June 15th total of 40,064 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 116,495 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GSUS. Lantern Wealth Advisors LLC grew its position in 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 valued at $683,000 after buying an additional 375 shares during the period. Ausdal Financial Partners Inc. increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% during the 4th 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 in the last quarter. O Shaughnessy Asset Management LLC raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after purchasing an additional 486 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter valued at about $42,000. Finally, Oak Harbor Wealth Partners LLC acquired a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the fourth quarter worth about $51,000.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

Shares of GSUS opened at $103.72 on Friday. Goldman Sachs MarketBeta U.S. Equity ETF has a one year low of $85.82 and a one year high of $105.04. The stock has a market cap of $3.17 billion, a P/E ratio of 26.28 and a beta of 1.02. The stock has a 50-day moving average of $102.87 and a two-hundred day moving average of $97.41.

About Goldman Sachs MarketBeta U.S. Equity ETF

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.