Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Down 41.7% in December

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 1,202 shares, a drop of 41.7% from the December 15th total of 2,063 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,619 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 7,619 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Performance

NYSEARCA GSEU traded down $0.09 during trading on Thursday, reaching $46.65. The company’s stock had a trading volume of 12,675 shares, compared to its average volume of 33,930. The firm has a market cap of $121.29 million, a price-to-earnings ratio of 15.76 and a beta of 0.91. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $34.09 and a twelve month high of $46.93. The business’s fifty day moving average price is $44.94 and its 200-day moving average price is $43.72.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

Large investors have recently added to or reduced their stakes in the company. Wealthfront Advisers LLC increased its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% in the 2nd quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after acquiring an additional 5,497 shares during the period. Western Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter valued at about $202,000. Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter valued at approximately $1,337,000. Jane Street Group LLC boosted its stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 50.3% during the 2nd quarter. Jane Street Group LLC now owns 135,041 shares of the company’s stock worth $5,717,000 after acquiring an additional 45,204 shares in the last quarter. Finally, Betterment LLC grew its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 2.4% in the third quarter. Betterment LLC now owns 1,986,093 shares of the company’s stock valued at $86,713,000 after purchasing an additional 46,922 shares during the last quarter.

About Goldman Sachs ActiveBeta Europe Equity ETF

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.