Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Up 48.5% in December

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,063 shares, a growth of 48.5% from the November 30th total of 1,389 shares. Based on an average trading volume of 8,344 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 8,344 shares, the days-to-cover ratio is currently 0.2 days.

Goldman Sachs ActiveBeta Europe Equity ETF Trading Down 0.3%

GSEU stock traded down $0.13 during trading on Wednesday, hitting $45.73. The company had a trading volume of 9,321 shares, compared to its average volume of 15,016. The firm has a market capitalization of $118.90 million, a price-to-earnings ratio of 15.76 and a beta of 0.91. The business has a 50 day moving average of $44.41 and a 200 day moving average of $43.39. Goldman Sachs ActiveBeta Europe Equity ETF has a fifty-two week low of $34.09 and a fifty-two week high of $46.07.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter valued at $202,000. Legacy Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 3rd quarter worth $227,000. Citadel Advisors LLC bought a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth $313,000. Wealthfront Advisers LLC lifted its position in Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% during 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 last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the second quarter valued at about $1,337,000.

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.