Short Interest in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Drops By 42.1%

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,439 shares, a drop of 42.1% from the June 30th total of 7,665 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,131 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 5.0% in the 1st quarter. Wealthfront Advisers LLC now owns 5,397 shares of the company’s stock worth $263,000 after buying an additional 258 shares in the last quarter. Betterment LLC boosted its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% during the fourth quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock valued at $49,836,000 after buying an additional 8,226 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the first quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock worth $3,661,000 after acquiring an additional 34,188 shares during the period.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Performance

Shares of GSJY stock traded down $0.13 during midday trading on Friday, reaching $52.82. 7,132 shares of the company were exchanged, compared to its average volume of 7,369. The company’s 50 day moving average price is $52.31 and its two-hundred day moving average price is $51.13. The company has a market cap of $84.51 million, a P/E ratio of 14.30 and a beta of 0.64. Goldman Sachs ActiveBeta Japan Equity ETF has a 12 month low of $41.34 and a 12 month high of $54.86.

Goldman Sachs ActiveBeta Japan Equity ETF Company Profile

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.