Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Decreases By 43.4%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 21,269 shares, a drop of 43.4% from the December 31st total of 37,577 shares. Based on an average trading volume of 39,201 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 39,201 shares, the days-to-cover ratio is presently 0.5 days.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Down 1.1%

Shares of GSSC traded down $0.89 during mid-day trading on Friday, hitting $78.60. 32,529 shares of the company traded hands, compared to its average volume of 107,586. The company has a market capitalization of $770.28 million, a PE ratio of 15.78 and a beta of 1.06. The business has a 50 day moving average of $77.57 and a 200 day moving average of $74.70. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1-year low of $54.91 and a 1-year high of $81.91.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several large investors have recently bought and sold shares of GSSC. First American Trust FSB purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the third quarter worth approximately $20,872,000. Bank of America Corp DE boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% in the third quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock valued at $38,138,000 after acquiring an additional 192,578 shares in the last quarter. Betterment LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.0% during the second quarter. Betterment LLC now owns 762,667 shares of the company’s stock worth $52,327,000 after purchasing an additional 166,695 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 135.5% in the third quarter. Commonwealth Equity Services LLC now owns 252,848 shares of the company’s stock valued at $18,936,000 after purchasing an additional 145,496 shares during the period. Finally, Verus Capital Partners LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 523.3% in the 3rd quarter. Verus Capital Partners LLC now owns 155,025 shares of the company’s stock valued at $11,610,000 after purchasing an additional 130,155 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.