Short Interest in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Expands By 27.3%

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 1,427 shares, an increase of 27.3% from the January 29th total of 1,121 shares. Based on an average trading volume of 349 shares, the short-interest ratio is currently 4.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 349 shares, the short-interest ratio is currently 4.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GVUS. Flow Traders U.S. LLC acquired a new position in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the second quarter valued at about $674,000. Goldman Sachs Group Inc. increased its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock valued at $358,124,000 after purchasing an additional 31,883 shares in the last quarter. Sowell Financial Services LLC boosted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 40.3% during the 4th quarter. Sowell Financial Services LLC now owns 25,498 shares of the company’s stock worth $1,379,000 after acquiring an additional 7,318 shares in the last quarter. Finally, MGO One Seven LLC acquired a new stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF in the third quarter valued at approximately $275,000.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

NYSEARCA GVUS traded up $0.30 during trading on Wednesday, reaching $57.39. 4,623 shares of the company’s stock traded hands, compared to its average volume of 4,181. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 12-month low of $42.81 and a 12-month high of $57.89. The firm has a market cap of $413.21 million, a price-to-earnings ratio of 19.27 and a beta of 0.83. The company’s 50 day simple moving average is $56.46 and its two-hundred day simple moving average is $53.95.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.