Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Up 90.1% in February

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,367 shares, an increase of 90.1% from the February 12th total of 719 shares. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Goldman Sachs ActiveBeta Europe Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. SHP Wealth Management acquired a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the fourth quarter worth about $74,000. Western Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter worth approximately $202,000. Founders Financial Securities LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 4th quarter worth approximately $209,000. Legacy Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth approximately $227,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth approximately $313,000.

Goldman Sachs ActiveBeta Europe Equity ETF Price Performance

Shares of NYSEARCA GSEU traded down $0.56 during trading on Friday, hitting $44.88. 10,725 shares of the company were exchanged, compared to its average volume of 18,001. Goldman Sachs ActiveBeta Europe Equity ETF has a 1 year low of $34.09 and a 1 year high of $50.08. The company has a market cap of $116.69 million, a price-to-earnings ratio of 15.76 and a beta of 0.91. The firm’s fifty day moving average price is $47.41 and its 200 day moving average price is $45.18.

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.