Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Rises By 614.4%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 19,989 shares, a growth of 614.4% from the April 15th total of 2,798 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 41,721 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several institutional investors have recently modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 140,009 shares of the company’s stock valued at $10,437,000 after purchasing an additional 4,637 shares in the last quarter. Paul R. Ried Financial Group LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.5% during the first quarter. Paul R. Ried Financial Group LLC now owns 186,297 shares of the company’s stock worth $13,888,000 after buying an additional 6,295 shares in the last quarter. Aire Advisors LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% during the first quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock worth $391,000 after buying an additional 246 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 1st quarter valued at $47,000. Finally, Wealthfront Advisers LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.7% in the 1st quarter. Wealthfront Advisers LLC now owns 10,760 shares of the company’s stock valued at $802,000 after buying an additional 580 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA GSSC traded up $0.39 during mid-day trading on Thursday, hitting $83.98. The company had a trading volume of 789 shares, compared to its average volume of 49,588. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12 month low of $64.03 and a 12 month high of $85.36. The firm has a market cap of $965.77 million, a P/E ratio of 15.78 and a beta of 1.06. The business’s 50-day simple moving average is $78.53 and its 200-day simple moving average is $77.59.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

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.