Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Increases By 298.9%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 62,394 shares, a growth of 298.9% from the June 30th total of 15,641 shares. Based on an average trading volume of 36,358 shares, the short-interest ratio is presently 1.7 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock worth $30,000 after acquiring an additional 357 shares during the last quarter. Optima Capital LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter worth $35,000. Cornerstone Planning Group LLC bought a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth $47,000. Finally, Western Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth $47,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Performance

Shares of NYSEARCA:GSSC opened at $89.58 on Tuesday. The stock’s 50-day moving average is $88.14 and its 200-day moving average is $82.25. The company has a market cap of $1.05 billion, a P/E ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52-week low of $66.81 and a 52-week high of $92.00.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

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.