Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Large Decrease in Short Interest

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 2,699 shares, a decline of 45.4% from the June 30th total of 4,946 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 337 shares, the short-interest ratio is presently 8.0 days.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Down 1.5%

NYSEARCA GUSA traded down $0.98 during trading hours on Wednesday, hitting $63.11. 10 shares of the stock were exchanged, compared to its average volume of 848. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 25.67 and a beta of 1.01. Goldman Sachs MarketBeta US 1000 Equity ETF has a 12-month low of $53.98 and a 12-month high of $65.66. The stock has a 50-day moving average of $64.48 and a 200 day moving average of $61.41.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. Fiduciary Advisors Inc. bought a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,471 shares of the company’s stock, valued at approximately $87,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.