Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Up 51.7% in December

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 14,744 shares, an increase of 51.7% from the November 30th total of 9,719 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 10,440 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 10,440 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are sold short.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Performance

GGUS traded down $0.19 on Wednesday, reaching $64.00. The company had a trading volume of 1,240 shares, compared to its average volume of 24,505. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a fifty-two week low of $43.64 and a fifty-two week high of $66.12. The stock has a market cap of $396.77 million, a P/E ratio of 35.28 and a beta of 1.17. The company’s fifty day moving average is $63.83 and its 200 day moving average is $61.61.

Hedge Funds Weigh In On Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

Large investors have recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at $769,000. Keebeck Wealth Management boosted its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 385.4% in the third quarter. Keebeck Wealth Management now owns 48,051 shares of the company’s stock valued at $3,041,000 after acquiring an additional 38,152 shares during the period. LifePlan Investment Advisors Inc. grew its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 137.4% in the third quarter. LifePlan Investment Advisors Inc. now owns 15,548 shares of the company’s stock valued at $984,000 after acquiring an additional 8,999 shares in the last quarter. Consolidated Portfolio Review Corp bought a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the third quarter worth about $210,000. Finally, Orion Porfolio Solutions LLC bought a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at about $445,000.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.