Short Interest in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Increases By 875.3%

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 237,086 shares, an increase of 875.3% from the December 31st total of 24,309 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average trading volume of 32,093 shares, the short-interest ratio is currently 7.4 days. Based on an average trading volume of 32,093 shares, the short-interest ratio is currently 7.4 days. Currently, 3.9% of the shares of the stock are sold short.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Price Performance

Shares of NYSEARCA GGUS traded down $0.19 on Wednesday, hitting $63.61. The company’s stock had a trading volume of 38,027 shares, compared to its average volume of 27,469. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 12-month low of $43.64 and a 12-month high of $66.12. The company has a market capitalization of $388.02 million, a price-to-earnings ratio of 35.28 and a beta of 1.17. The stock has a 50 day moving average of $63.59 and a 200-day moving average of $62.51.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% in the second quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after buying an additional 457 shares during the period. Consolidated Portfolio Review Corp purchased a new position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at $210,000. Syntegra Private Wealth Group LLC acquired a new position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 2nd quarter valued at $224,000. Perigon Wealth Management LLC purchased a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 4th quarter worth $245,000. Finally, Global Retirement Partners LLC increased its holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 111.8% in the 3rd quarter. Global Retirement Partners LLC now owns 4,965 shares of the company’s stock valued at $314,000 after purchasing an additional 2,621 shares in the last quarter.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

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.